Georgia Tech Procurement Assistance Center

  • Home
  • About Us
  • Training
    • Class Registration
    • On-demand Training
  • Useful Links
  • Team Directory
    • Albany Counselor
    • Atlanta Counselors
    • Augusta Counselor
    • Carrollton Counselor
    • Columbus Counselor
    • Gainesville Counselor
    • Savannah Counselor
    • Warner Robins Counselor
  • Directions
    • Atlanta – Training Facility
    • Atlanta – Office
    • Albany
    • Augusta
    • Carrollton
    • Columbus
    • Gainesville
    • Savannah
    • Warner Robins
  • New Client Application
  • Contact Us

Georgia Tech moves forward with Technology Square expansion project

May 20, 2015 By ei2admin

Development will support leading-edge research programs in computing and advanced big data analytics.

The Georgia Institute of Technology received approval to proceed with the high performance computing center lease agreement during today’s meeting of the Board of Regents of the University System of Georgia. This step follows the recent selection to move forward with Portman Holdings as the project developer for Georgia Tech’s expansion of Technology Square.

The proposed 750,000-gross-square-foot, mixed-use project will be located between Spring Street and West Peachtree Street near the Scheller College of Business and the Georgia Tech Hotel in Midtown Atlanta. Georgia Tech will serve as an anchor tenant, taking approximately one-half of the new development. The remaining space will be available for corporate entities and partners. The Institute plans to locate academic and leading-edge research programs in computing and advanced big data analytics there.

The site, the former Crum and Forster building at 4th St. and Spring St., would add up to 750,000 square feet. (Rendering/Georgia Tech)
The site, the former Crum and Forster building at 4th St. and Spring St., would add up to 750,000 square feet. (Rendering/Georgia Tech)

“This expansion is one of the most exciting developments since the opening of Technology Square more than a decade ago and will provide extended options for those looking to be a part of Georgia Tech’s innovation ecosystem,” said Executive Vice President for Administration and Finance Steve Swant. “We are pleased to take the next step in providing an interdisciplinary collaborative environment that will ultimately magnify Technology Square’s positive impact in the Midtown Atlanta area and the state of Georgia.”

With a targeted 2018 opening, the Technology Square expansion will support economic development in Atlanta and the state by creating jobs, new tax revenues and technology clusters, according to Swant.

“We are thrilled Portman has been selected to work with Georgia Tech on a new kind of workplace—a ‘Class T’ office with adjoining data center and vibrant public space,” said Ambrish Baisiwala, chief executive officer of Portman Holdings. “This building will be special—bringing people together in a mixed-use community of innovation, education and intelligent exchange that represents a paradigm shift in office development.”

John Portman IV, chief operating officer of Portman Holdings, added, “The histories of Portman Holdings and John Portman & Associates are inextricably linked to Atlanta and Georgia Tech, and we look forward to collaborating together on this landmark development in Tech Square.”

The project offers a highly desirable, strategic destination for prospective stakeholders, according to John Majeroni, Georgia Tech’s executive director of Real Estate Development.

“We are excited to complete this milestone; however, in order for the project to be feasible, we still have plenty of work ahead,” said Majeroni.

Georgia Tech’s next steps will involve working with Portman Holdings on pre-development activities, securing economic support and getting additional state approvals.

Source: http://www.news.gatech.edu/2015/05/19/georgia-tech-moves-forward-technology-square-expansion-project

Filed Under: Georgia Tech News Tagged With: economic development, EI2, Georgia Tech, innovation, research, Tech Square

Recent Posts

  • Contractors must update EEO poster
  • SBA scorecard shows federal government continues to prioritize small business contracting
  • The risk of organizational conflicts of interest
  • The gap widens between COFC and GAO on late is late rule
  • OMB releases guidance related to small business goals

Popular Topics

8(a) abuse Army bid protest budget budget cuts certification construction contract awards contracting opportunities cybersecurity DoD DOJ False Claims Act FAR federal contracting federal contracts fraud GAO Georgia Tech government contracting government contract training government trends GSA GSA Schedule GTPAC HUBZone innovation IT Justice Dept. marketing NDAA OMB SBA SDVOSB set-aside small business small business goals spending subcontracting technology VA veteran owned business VOSB wosb

Contracting News

SBA scorecard shows federal government continues to prioritize small business contracting

OMB releases guidance related to small business goals

OMB issues guidance on impact of injunction on government contractor vaccine mandate

Changes coming to DOD’s Cybersecurity Maturity Model Certification under CMMC 2.0

Judge issues nationwide injunction halting enforcement of COVID-19 vaccine mandate

Read More

Contracting Tips

Contractors must update EEO poster

The risk of organizational conflicts of interest

The gap widens between COFC and GAO on late is late rule

Are verbal agreements good enough for government contractors?

CMMC 2.0 simplifies requirements but raises risks for government contractors

Read More

GTPAC News

VA direct access program events in 2022

Sandia National Laboratories seeks small business suppliers

Navy OSBP hosting DCAA overview (part 2) event Jan. 12, 2022

Navy OSBP hosting cybersecurity “ask me anything” event Dec. 16th

State of Georgia hosting supplier systems training on January 26, 2022

Read More

Georgia Tech News

Undergraduate enrollment growth reflects inclusive excellence

Georgia Tech delivers $4 billion in economic impact to the State of Georgia

Georgia Tech awards first round of seed grants to support team-based research

Georgia Tech announces inaugural Associate Vice President of Corporate Engagement

DoD funds Georgia Tech to enhance U.S. hypersonics capabilities

Read More

  • SAM.gov registration is free, and help with SAM is free, too
APTAC RSS Twitter GTPAC - 30th Year of Service

Copyright © 2023 · Georgia Tech - Enterprise Innovation Institute