One of suburban Atlanta’s most prominent towers is officially a go.
Fortune Global 500 company thyssenkrupp Elevator broke ground this week on its new North American headquarters next door to Cobb County’s burgeoning mixed-use hub The Battery, home of the Atlanta Braves’s stadium.
Scheduled to open in 2021, the headquarters complex will be punctuated by a 420-foot elevator test tower that would be Cobb’s tallest building. For context, Sandy Springs’s “King and Queen” towers at Concourse Corporate Center each stand about 100 feet higher, ranking them among the tallest suburban high-rises in the nation.
According to officials with Atlanta-based Collins Project Management, which is spearheading the tower’s development, the project will be thyssenkrupp’s most “high-profile” in the country.
Atop the vertical testing facility, three floors will be reserved for special functions, providing panoramic views of the city, officials revealed this week.
Beyond the tower, the project will include an adjacent, shorter building for thyssenkrupp’s business and engineering functions.
The combined projects are expected to cost $200 million. Officials have said the complex could house some 900 full-time thyssenkrupp employees, lured in no small part by Cobb tax breaks and other incentives.
As development goes, the groundbreaking marks another feather in the rapidly evolving Cumberland area’s cap.
Nearby, the Braves Development Company in August unveiled plans for an Aloft hotel at The Battery. High-end apartment complexes continue to sprout, touting proximity to the stadium’s environs.
And a mile from the ballpark, the Platinum Tower office complex has signed tenants galore—a testament, officials say, to the economic surge the Cumberland district is experiencing.
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