A New Environment for Entrepreneurship: Construction of ATDC Building Passes Milestone
Posted January 16, 2003 | Atlanta, GA
This summer, ATDC will move its headquarters to the Centergy One development, located at Georgia Tech's new Technology Square campus on Fifth Street. ATDC will occupy four floors of the 12-story, 487,000-square-foot building, which is part of nearly $400 million in new construction in the Fifth Street corridor of Midtown Atlanta.
In addition to ATDC's traditional start-up companies, the facility will also host "landing parties" -- new product development groups or Georgia start-up operations from established technology companies. Joining them will be service providers, investors, more established technology companies and the Technology Association of Georgia (TAG).
"This new facility will allow ATDC to offer an unprecedented level of services in what will be one of Atlanta's most prestigious addresses for technology companies," said Wayne Hodges, associate vice president for Economic Development and Technology Ventures and director of the ATDC. "On Fifth Street, ATDC companies will be part of a dynamic, world-class technology community combining the best aspects of the business and university worlds. This facility will allow us to grow to a new level."
The proximity of Georgia Tech's DuPree College of Management, Global Learning Center, Economic Development Institute, and Georgia Tech Hotel and Conference Center will create an environment combining the energy and excitement of entrepreneurial companies with the culture and innovation of a leading research university, he noted.