Georgia Tech considers expansion of Technology Square

Georgia Tech is planning an expansion of Technology Square complex in Midtown Atlanta.

The university has issued a request for qualifications, an initial step to outline a developer for the project. According to project documents, the university would occupy about 300,000 square feet of planned office space, or about half the office portion of the expansion.

Technology Square opened in 2003 and makes up 1.4 million square feet of office, hotel, and retail space. The $380 million complex at Fifth and Spring streets, just east of the Downtown Connector, provided an anchor for Tech in the Midtown business district. The surrounding area has become a magnet for tech companies and research and development centers.

This week, financial technology company NCR announced it would move its headquarters from Duluth to a property nearby, shifting 3,600 jobs into the heart of Midtown.

The real estate documents also state that an unnamed “co-anchor tenant” has approached real estate services firm and Tech’s representative, Cushman & Wakefield, about leasing 100,000 square feet in the complex.

Tech wants a partner, who will own and lease the site, to create co-working space, parking, renovate the nearby historic Crum and Forster Building, and develop retail space and a high performance computing center.