The parcel is said to be among dozens of sites submitted to Amazon as part of the state's bid for the e-commerce giant's planned $5 billion second headquarters.
Ultimately, Amazon has said it wants a campus to match its Seattle operations base, which spans more than 8 million square feet.
- AMAZON COVERAGE: Read more about officials' attempts to lure Amazon to Georgia at myAJC.com/amazon/
“Midtown Atlanta is thriving with companies, retail outlets and restaurant venues relocating to the area, cementing the district’s reputation as a lively hub for work and play,” Tom Ryan, MetLife Investment Management southeast regional director for real estate, said in the release.
Real estate services firm JLL was selected as the master development manager for the broader 8.5-acre parcel in 2016. It was once slated for a high-rise, mixed-use development called Metropolitan Center, but that was shelved during the recession.
The property at 17th and Spring streets is currently home to a 1960s-era office building.
The MetLife tract has access to Spring, West Peachtree and 17th streets and is a short walk to the Arts Center MARTA station and the Woodruff Arts Center.
Midtown has become a magnet for top technology companies and young professionals. Thousands of residential units are currently in development in the area and the office market is extremely tight, particularly in Class-A or top-tier buildings.
NCR, for instance, opened the first phase of its new global headquarters near Georgia Tech's Technology Square this year, and health insurer Anthem and developer Portman broke ground recently on a new tower for a tech hub nearby.
MetLife said that Miami-based Arquitectonica designed the project’s master plan, and Atlanta-based architecture firm Cooper Carry will lead building design.
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