Georgia Tech redeveloped abandoned and neglected areas on the Midtown/Downtown Connector, opening Technology Square in 2003. The second phase of the 21-story Coda building opened in 2019 and has attracted more high-profile technology companies to work as close to Georgia Tech’s campus as possible.
This third phase of Technology Square will be anchored by two multi-story towers. The entire project is expected to provide more than 400,000 square feet of new space for research and collaboration. The main buildings on the site between 5th, Spring and West Peachtree streets will both be named for philanthropists who have played an important role in advancing Georgia Tech’s mission of progress and service. One tower, named for major donor Ernest Scheller, will be the new home of the Scheller College of Business’ graduate and executive education programs. The second tower will be named George Tower in recognition of Bill and Penny George and will house the nation’s premier industrial engineering program.
“A successful innovation ecosystem requires not only good hardware – the right buildings in the right locations – but also good software: the right talent and programs, and a culture of innovation,” President Ángel Cabrera said at the groundbreaking ceremony.
Atlanta Mayor Andre Dickens was also on hand to celebrate the launch of the transformative project.
“Metro Atlanta’s diverse and thriving tech industry is the envy of many, and Tech Square has helped make that a reality.” said Dickens.
Since 2021, companies such as Microsoft, Google, Cisco, Micron, Airbnb and Nike have made significant investments to expand their presence in the neighborhood.
“This collaboration between companies and one of the world’s largest academic institutions and various departments is critical,” said George, a Tech industrial engineering graduate.
“Tech Square Phase 3’s new facilities will provide our students with the opportunity to learn, collaborate and grow in a new, innovative environment. Thanks to the generosity and support of our community, we are now better positioned than ever to fulfill our mission of educating principled business leaders who thrive in a technology-driven world,” said Dean Maryam Alavi of the Scheller College of Business.