COVINGTON, GEORGIA — October 7, 2025 —
Woodvale, a leading commercial real estate developer, announced today it has been awarded the contract to build the New Covington Utilities Complex, a $24 million adaptive reuse project. The development will convert existing industrial and media buildings into a state-of-the-art office and operations hub for the city’s water, electric, and gas departments—marking a significant step forward in Covington’s infrastructure strategy.
This first-of-its-kind project exemplifies Covington’s forward-thinking approach to sustainability and urban revitalization. By reimagining and repurposing existing structures rather than pursuing ground-up construction, the city is reducing environmental impact, minimizing waste, and creating a modern, collaborative environment that enhances efficiency and interdepartmental synergy.
“The City of Covington has once again taken a leading position in the future development of its local infrastructure,” said Rahim Charania, Managing Partner of Woodvale. “Woodvale has been a proud partner to this City on multiple projects, and this will be the crown jewel of that relationship—not only for its strategic value to Covington’s growth, but also for its demonstration of how adaptive reuse can deliver sustainable, economically viable, and future-ready facilities.”
This project represents the third project Woodvale has completed in conjunction with the City of Covington. Previous projects include the Alternative fuels facility off of City Pond Road and Cinelease Studios, one of the largest media campuses in the United States.
“The New Covington Utilities Complex represents more than just a new facility—it reflects our city’s commitment to innovation, sustainability, and operational excellence,” said Joel Smith, Director of Covington Electric Utilities. “By pursuing adaptive reuse, we are delivering a modern, cost-effective, and environmentally responsible solution for our community. Woodvale and Bush Design Build’s proven track records and shared vision made them the right partners for this critical project, and we are eager to see the positive impact it will have on our employees and residents when completed next year.”
The new facility will consolidate the City of Covington’s vital utility services into a modern, efficient hub, providing upgraded workspaces and operational improvements for its employees. Construction is scheduled to begin in October 2025 with completion expected in May 2026.
About Woodvale
Woodvale is a leading real estate solutions firm with a portfolio valued at over $600 million across 10 U.S. states. The firm leverages its expertise to deliver risk-adjusted returns for investors while creating long-term community impact. For more information, visit woodvale.com.