There is now! Project: US Southern Colonies (couldn't paste the link.. http://www.wikitree.com/wiki/Project:US_Southern_Colonies#WikiTree_Resources so if this doesn't work, go to the main project page.
We just got the badge today, and we are actually setting this up a little differently to include the British colonies (Maryland-Georgia), Spanish colonies (Florida, Texas, etc) and French Colonies (New France...Louisiana, etc). So there is plenty of work and areas of interest to work on.
Paula (PJ), Mags and I are heading this up, so contact any of one of us if you are interested in taking charge of any of these sub projects or colonies (this is open to all members, and you don't have to be a leader to head up a sub project :).
Template to come soon! :)