Georgia Tech has announced the next phase of Technology “Tech” Square – an exciting planning, programming and concept design, Phase III will create another world-class destination within the already thriving innovation ecosystem.
Since its opening in 2003, Technology Square has fostered an innovative connection between the Institute and the business community while serving an active network of students, faculty, researchers, startup entrepreneurs, and global corporations. This next phase with its high-profile, urban-infill, and mixed-use elements incorporates approximately 420,000 gross square footage of academic, research and retail space including two twin towers, underground parking, and dedicated green space.
The Scheller College of Business joins other Georgia Tech entities as signature tenants of Technology Square Phase III. One of the two planned high-rises, Scheller Tower, will be a new resource for Scheller College of Business, expanding the College’s footprint within Tech Square thanks to a generous philanthropic commitment made by Roberta and Ernest Scheller Jr. in support of the project.
A defining element of Phase III is the continued collaboration of the current Tech Square community with both Atlanta’s Midtown and the greater Georgia Tech campus. The new phase will be located in the heart of the Tech Square district, on the northwest corner of West Peachtree Street and Fifth Street, creating an opportunity to attract members of the Institute and the greater community while elevating the interactive environment that is currently present. Design drivers will range from district planning initiatives, vertical building organization, sustainable strategies, and a “signature” public element. Concept design will consider how the new construction will be situated on the designated site and how the planned buildings can best engage the urban realm.
Dan Nemec, associate director of Georgia Tech Capital Planning and Space Management, acknowledges the magnitude of this phase. “This project represents the last significant, buildable parcel in the innovation ecosystem. It’s critical for this planning effort to inform sustained success and future evolution for the next 20 years of Tech Square.”