The reality of Technology Square. Technology Square - a $ 180 million mulubuilding complex that hurdles Atlanta's Downtown Connector and extends the Georgia Tech campus across eight acres of Midtown real estate - was financed by the Georgia Tech Foundation.
T
echnology Square is home to Georgia Tech's College of Management, a Global Learning Center, a Georgia Tech Hotel and Conference Center, the Economic Development Center, Barnes & Noble Bookstore, retail shops, restaurants and a parking deck. Across the street is the Advanced Technology Development Center. Technology Square is more than an expansion of the Georgia Tech campus. It connects the campus to Atlanta's technology corridor. And it's the engine that will drive the development of a high-tech business community in Midtown, says Georgia Tech President Wayne Clough. "Georgia Tech has influenced Atlanta economically with the number of high-tech businesses it has attracted," says Clough. "And we want and expect more to come. But you need a geographic center, a highly visible entity that stands for Atlanta's high-tech corridor, and that entity is Technology Square. The millions of people who travel down the 1-75/85 highway will see and identify this area as the technological heartbeat of Atlanta." Years from now, people may look back on Technology Square as
A.J. Land Jr., Chairman H. Hammond Stith Jr., Past Chairman Don L. Chapman, Vice Chairman/Chairman Elect Hubert L. Harris Jr., Treasurer John B. Carter Jr., President and Chief Operating Officer
the benchmark of yet another identity for the city — as a crossroads for ideas, innovation and new technology — but the opening of Technology Square this summer is the fruition of a plan that began many years ago. The decision to purchase derelict land across the interstate was finalized in 1995. A nonprofit that handles contributions and investments for the Institute, the Georgia Tech Foundation bought the eight acres for $11.9 million in 1997. John Aderhold, EE 45, IE 67, a trustee emeritus of the Georgia Tech Foundation who has been instrumental in the World Congress Center and the Georgia Dome, says Technology Square is a project that "not only feeds what is going on in Atlanta and Midtown, it ties it all together, from the Atlantic Steel project to the downtown development. Activity begets activity. This is a step in a journey that started a long time back and still has a long way to go, but it is a big step, a beautiful step." The Georgia Tech Foundation is planning ahead and helping prepare for Georgia Tech's success every step of the way.
Georgia Tech [RaXinfiX^Mftsm, ODD©