Georgia Tech's booming Technology Square plans to add more than 600,000 square feet as part of a mixed-use development loaded with high-tech uses and yet another new tower for Midtown. Half of the technology-centric tower, planned for the 700 block of Spring Street, would be leased by Georgia Tech, while an unidentified tech company is interested in co-anchoring the development and leasing 100,000 square feet, according to a request for proposals. Tech has plans for a high-performance computing center on site, which the school would lease to third parties, plus street retail, a member's club, conference area, technology showcase center and co-working space for start-up companies, Bisnow reports. The project is expected to mirror the existing Centergy office building — with 650,000 square feet of space that's nearing capacity — that anchors Technology Square now, the Atlanta Business Chronicle reports. Those plans could represent a shift from what Tech officials initially had in mind for the site, where the majority of the historic Crum and Forster building was demolished in 2013, despite the efforts of preservationists.
By our unofficial count, the existing Centergy office tower is 13 stories. Georgia Tech officials told Curbed in 2013 that tentative plans called for a 24-story tower to rise where the Crum and Forster building was razed, save the brick-and-arches façade. At the time, they were aiming to begin construction this year, with occupancy by 2017.
Earlier this month, the University System of Georgia Board of Regents approved the plan and green-lighted the High Performance Computing Center, the ABC reports. It would add another facet to the bustling eight-block development that is Tech Square, where just last week, Fortune 500 tech company NCR announced it will relocate from Duluth and build a new headquarters complex at Centergy Two. The planned projects join hundreds of student-focused apartments and several mixed-use projects with high-rise components in the works on the western flank of Midtown.
· Tech-focused company eyes Midtown Atlanta for 100K square feet [ABC]
· C&W RELEASES RFQ FOR 600K SF GA TECH TOWER [Bisnow]
· Work Starts At Controversial Georgia Tech Tower Site [Curbed Atlanta]