Savannah Chamber

2023 Economic Trends Brochure

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37 800 acres for industrial development and a nearly 650,000 square foot building was delivered late in 2022. Additional spec construction and announcements are anticipated in 2023. Bulloch County had 1,575 workers at 66 logistics businesses in 2022. Employment in the sector increased 5% from 1,500 workers in 2021. Industrial recruitment activity has increased substantially during 2021. The new TA Express fuel station at Bruce Yawn Commerce Park at Interstate 16 represents the first new project in Bulloch County's Interstate Gateway Tax Allocation District. As the Port of Savannah continues to grow and increase its container traffic, Bulloch County is becoming more attractive to logistics related businesses. The development authority experienced a significant increase in interest for logistics projects in the county and anticipate that will continue to increase in 2023. Long-term prospects for logistics and distribution in the region are exceptionally strong. With the Georgia Ports Authority plan to double capacity, the resultant demand for distribution space will continue to grow, particularly west along the I-16 corridor and south along I-95. The regional market currently has nationwide recognition as the hottest logistics and distribution market in the country. It is fully expected to mature into one of the most important distribution networks in the country. Savannah Economic Trends Savannah Economic Trends The City of Savannah (103 square miles) is located in Chatham County, which lies south of the Savannah River, the boundary between South Carolina and Georgia. The Savannah Metropolitan Statistical Area comprises of Chatham, Bryan and Effingham counties. Liberty, Long, Bulloch and Wayne counties complete the geographic boundary of the Savannah/Hinesville/Statesboro Combined Statistical Area (CSA). The Savannah Primary Trade Area, a designation that informs linkages in population and shopping trends, also includes Beaufort and Jasper counties in South Carolina.

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