{"id":1004142835,"date":"2016-04-27T01:09:58","date_gmt":"2016-04-27T09:09:58","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004142835"},"modified":"2022-03-03T00:52:45","modified_gmt":"2022-03-03T08:52:45","slug":"portman-georgia-tech-announce-major-mixed-use-project-in-atlantas-tech-square","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/portman-georgia-tech-announce-major-mixed-use-project-in-atlantas-tech-square\/","title":{"rendered":"Portman, Georgia Tech Announce Major Mixed-Use Project in Atlanta’s Tech Square"},"content":{"rendered":"

By Robert Demeter<\/em><\/p>\n

\"Rendering<\/a>

Rendering of Coda<\/em><\/p><\/div>\n

Atlanta<\/strong>\u2013Portman Holdings<\/a> and the Georgia Institute of Technology<\/a> recently announced The High Performance Computing Center, or Coda, a 12-story office building<\/a> located in Atlanta\u2019s Technology Square. The 750,000-square-foot mixed-use project represents a $375 million investment into the city’s innovation district. Coda represents the next phase at Atlanta\u2019s Tech Square, the city’s most sought-after neighborhood for technology- and science-based companies.<\/p>\n

The development will feature 620,000 square feet of office space designed to enable collaboration between research and industry, with Georgia Tech occupying about half of the space. It will also include an 80,000-square-foot data center, which Next Tier HD has been selected to operate. Additionally, approximately 40,000 square feet of retail space will be available, including the adaptive reuse of the historic Crum & Forster building, which will become a local gathering place and an outdoor living room for both Tech Square and Midtown Atlanta.<\/p>\n

\u201cThe Portman team is honored to bring to life the vision for this mixed-use property at Tech Square, unlike anything else in the southeastern United States,\u201d said Ambrish Baisiwala, CEO of Portman Holdings. \u201cWe\u2019re excited to develop Coda \u2013 encompassing collaborative office space, co-working and research facilities, a high performance computing center and interactive community space, collectively enhancing the innovation eco-system created by Georgia Tech and Midtown.\u201d<\/p>\n

\u201cWith Georgia Tech as the anchor tenant, the high performance computing center\u2019s interdisciplinary, collaborative environment will enhance Tech Square\u2019s positive impact in Midtown Atlanta, bringing together people in a mixed-use community of innovation, education and intelligent exchange,\u201d said Georgia Tech President G.P. Peterson. \u201cIn 12 short years Tech Square has become the Southeast\u2019s premier innovation neighborhood.\u201d<\/p>\n

\"Rendering<\/a>

Rendering of Coda<\/em><\/p><\/div>\n

John Portman & Associates<\/a> is designing the facility in order to achieve the primary goal of bringing research and commercialization together. One of the highlights of the project will be the central collaborative core which will connect the two towers. The gathering nexus will uniquely connect every floor from top to bottom.<\/p>\n

\u201cWe believe innovation is generated by looking at things in a different way,\u201d stated Pierluca Maffey, vice president of design for John Portman & Associates. \u201cSo we are creating spaces that allow brilliant thinkers, creative minds and smart business people to come together, share their points of view and start a process that leads to the next big idea.\u201d<\/p>\n

The mixed-use development will serve as an urban \u201cmain street\u201d for the campus and community. Portman Holdings\u2019 Travis Garland and JLL<\/a> will handle leasing efforts for the office and retail space at the site.<\/p>\n

Invest Atlanta<\/a> has been very supportive of the project, which is anticipated to have an economic impact of $813.8 million and will have significant economic benefits\u2013not only through the creation of 2,100 construction jobs and 2,400 permanent jobs upon completion, but also through its impact on innovation in the region.<\/p>\n

Tech Square is a magnet for tech startups which connects the intellectual capital of Georgia Tech with the thriving business community of Midtown Atlanta. The area has attracted industry innovation centers such as AT&T Mobility, Panasonic Automotive, Southern Co., Delta Airlines, The Home Depot, Coca-Cola Enterprises, NCR and ThyssenKrupp Elevator Americas. Along with the new NCR world headquarters under development and Tech Square Labs, the 8-block urban Technology Square campus will soon total three million square feet of commercial space and more than $1 billion invested.<\/p>\n

Renderings courtesy of John Portman & Associates<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The High Performance Computing Center, or Coda, is a $375 million development currently underway at Atlanta\u2019s Tech Square.<\/p>\n","protected":false},"author":59,"featured_media":1004142838,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1489,21782,21752,21742,21747,21787],"tags":[],"class_list":["post-1004142835","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-atlanta","category-development","category-mixed-use","category-latest","category-office","category-technology"],"acf":[],"yoast_head":"\nPortman, Georgia Tech Announce Major Mixed-Use Project in Atlanta's Tech Square - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/portman-georgia-tech-announce-major-mixed-use-project-in-atlantas-tech-square\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Portman, Georgia Tech Announce Major Mixed-Use Project in Atlanta's Tech Square\" \/>\n<meta property=\"og:description\" content=\"The High Performance Computing Center, or Coda, is a $375 million development currently underway at Atlanta\u2019s Tech Square.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/portman-georgia-tech-announce-major-mixed-use-project-in-atlantas-tech-square\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2016-04-27T09:09:58+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-03T08:52:45+00:00\" \/>\n<meta name=\"author\" content=\"Robert Demeter\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/04\/1.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/portman-georgia-tech-announce-major-mixed-use-project-in-atlantas-tech-square\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/portman-georgia-tech-announce-major-mixed-use-project-in-atlantas-tech-square\/\",\"name\":\"Portman, Georgia Tech Announce Major Mixed-Use Project in Atlanta's Tech Square - 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