Opened in 2003, the 1.4 million SF Georgia Tech-sponsored innovation district encompasses education, research, hospitality, office and retail and serves as a new urban 'main street' for the campus and the Midtown Atlanta community. Revitalizing 8 blocks of an area of deteriorated & abandoned buildings and lots, the $380 million project is recognized nationally as a standard of urban development.
A magnet for tech startups and university spinoffs, the area has attracted industry innovation centers from AT&T Mobility, Panasonic Automotive, Southern Company, Delta Airlines, The Home Depot, Coca-Cola Enterprises, NCR and ThyssenKrupp Elevator Americas.
Tech Square continues to grow. Coda is Georgia Tech's next step forward in the development of the neighborhood. The signature mixed-use office, computing center and retail complex is programmed around high performance computing modeling, simulation and a sustainable innovation ecosystem that integrates the existing assets of Technology Square with new opportunities in interdisciplinary research, commercialization and sustainability.
Georgia Tech is the project sponsor and anchor tenant and is partnering with Portman Holdings (Atlanta, GA) and Next Tier HD (New York, NY) who will design, construct, finance, own, operate and lease the project to Georgia Tech and commercial companies. The 21-story, $355 million project comprises 755,000 SF of space, including 605,000 office, 93,000 data center, 46,000 retail and 600 underground parking spaces. Georgia Tech is leasing about half the space in the building.
Along with the new NCR world headquarters development and Tech Square Labs, Technology Square will soon total 3 million square feet of space and $1 billion invested.
|Total developed area:||1.4 million SF on 8 city blocks|
|Parking:||Structured parking for 3,000 cars|
|Project cost:||$380 million|
|Infrastructure:||New park-like, vehicular and pedestrian 5th Street bridge
New streetscape and roadways
|Grand opening:||Oct 2003|
|5th Street Bridge:||2007|