Yea thats a great question regarding existing office space in the Gulch. They'd need to buy out space at either Koch Brothers spot adjacent to Flatiron + CNN Center? GM Plant would for sure have it, but thats a bold sell. Perimeter area would have office space. They wont want Ft Mcpherson. Just pray we dont fuck this up. Imo thats why AT&T in Midtown makes sense. Plenty of existing office space there and BoA building. Plenty of residential for their employees. I just wonder what real estate acquisition along WPtree and Spring entails. I assume Ga Tech owns some of it but would welcome Amazon. There is a void in those blocks b/w 5th and North Ave. My god if HQ2 fills it. Just leave my Negril Village alone.
CIM just bought the old Norfolk Southern building adjacent to the Gulch, right? Isn’t that building close to 500k? Atlanta checks all the boxes better than any other city I can think of. I suppose Denver and Dallas are plausible options, but other cities don’t shake a stick at Atlanta.
Everyone thinks they have the site for HQ2 but from what I'm hearing, MetLife/JLL has the upper hand with their 17th & Spring street site. They were already planning a $350 million + mixed use development for the site and already have the investors and financing in motion.
Any word on the 1105 West Peachtree site? They’re the ones talking like they have a big tenant to start construction. And Portman’s new site that anthem just committed to has a second tower that I think is larger. Like WED said the att tower has plenty of space, as does BoA. Probably just wishful thinking that they’d take that part of midtown but fun to speculate.
Knowing Amazon.... Toronto = Trump protest. Boston = Hijack ivy Microsoft recruits. Almost everyone I met who worked for Microsoft out there had graduated from Harvard.
I’m on mobile or I’d format this better. Number 1 in feature film production. Now if only more movies would set the story in Atlanta. I’m excited to see what The Pullman Yard redevelopment does for Atlanta's profile.
This is what I meant by formatting. Here’s the link https://www.bizjournals.com/atlanta/news/2017/05/24/georgia-no-1-in-feature-film-productions.html
It's still alive and well. Its been re configured a good bit since they originally announced it last year. And the whole HQ2 thing has really taken the design off to another tangent
Selig is not going after HQ2 for 1105 - they are starting demo next month and moving full speed ahead on construction but nothing to do with Amazon. They may have their hand in a few other developer's HQ2 sites though.
I really liked the original concept, it had terraces on the backside right? I thought the timeline for 1105 was a bit off. I’d like to know who their major tenant is though, but I’ll be more than happy to see that project break ground.
That's pretty much what I've been hearing. Selig does not want to tie up their main focus (1105, which will be their new headquarters) on somewhat of a pipe dream in HQ2. They've taken more of a 'team midtown' approach compiling a few developers that can supply the square footage but 1105 would be only a supplement if needed - MetLife is the center of that plan. 1105 is moving forward regardless of Amazon or no Amazon.
That's awesome to hear about 1105, it's one of my favorite projects this year. And based on the pic in that article, Selig could use a major HQ upgrade of their own.
What should I know about the mayoral candidates? All I really know is Kasim hates Kwanza Hall and Vincent Fort was buying everyone shots at the local talking about how Bernie endorses him.
Judging by a quick google search he has no chance. It's people named Mary Norwood and Keisha Lance Bottoms as the favorites.
According to the U.S. Bureau of Economic Analysis—the official source of macroeconomic tabulation across the country—Atlanta notched the second-fastest growing economy among the top 10 U.S. metro areas last year. What’s more, the IT sector in the Atlanta region was particularly red-hot (unlike, say, natural resources), the bureau found. Of the country’s 10 largest metro economies, only San Francisco had a leg up on the ATL in 2016 in terms of growth, according to the study. Atlanta’s information technology sector led the way by contributing almost a full percentage point to total GDP growth. Other hotspots included the insurance, finance, real estate (of course) sectors, in addition to the region’s growing utilities, transportation, professional and business services fields. Based on the data, the moving specialists at SpareFoot compiled these interactive charts, which are fun to play with. (And FYI, per the bureau, the real GDP decline in metro Houston was caused by a dip in natural resources and mining).
Oil drives everything there. Lots of the big oil/gas/chemical companies slashed jobs, projects, etc. and there was a big downstream effect.
Microsoft at Flatiron Apple at Colony Square Google at 10th Street Amazon at _____ Ga Tech has to be creaming itself while it constructs it new campus hubs along WPtree+ Spring
Can we bulldoze the shit hole around Peachtree and Pine and use Amazon to connect midtown and downtown?
Off the top of my head, the parking lot for the att tower, the lot at 17th and spring street where the Thai place is has been on rumored to be ready for redevelopment, there’s another lot across 75 that I think selig was pitching. Marta wants to put three towers on top of arts center station, and I want to say there’s a lot near arts center hats undeveloped. The existing space could come from the half empty BoA tower and att building.
Midtown is unlikely to be the favorite, but BoA building and Bell South building....and all the various adjacent lots. "Vacant space in existing buildings is largely scarce, except for Bank of America Plaza and AT&T Midtown Center. State recruiters have inquired about the potential of pitching the AT&T campus, which the telecom giant leases, to Amazon along with a number of nearby parcels that are underdeveloped and available for purchase. An AT&T spokeswoman did not return a message seeking comment. The AT&T campus, at the North Avenue MARTA station, is a few blocks south of Georgia Tech’s Technology Square, one of the hottest areas for corporate expansion in the country."