Georgia Tech has renovated 375,000 square feet, and the expansion has cost $42 million, officials said. The property includes about 20 acres Georgia Tech plans to develop.
Georgia Tech and Lockheed Martin have worked together for years. Lockheed Martin hired Georgia Tech graduates. Those graduates helped the company with projects, such as developing air missile radar systems.
About 100 Georgia Tech, Lockheed Martin, Cobb County, state, federal and business leaders attended the ceremony. Cobb County Board of Commissioners Chairman Mike Boyce said the county government and school system will work on ensuring it has the necessary services for those new workers.
“We will not disappoint you in our commitment to support these programs,” Boyce told the audience.
Georgia Tech Research Institute’s has operations in 12 other states and Washington, D.C.
This is one of four buildings Georgia Tech has purchased from Lockheed Martin to expand its research operations at a facility in Cobb County. ERIC STIRGUS / ESTIRGUS@AJC.COM.
Here are five things to know about the center:
- Cobb County's Board of Commissioners approved a $62.7 million bond deal in October 2017 for Georgia Tech to purchase the property.
- the size of the facility is now doubled from its original footprint in 1978.
- the entire campus is 52 acres.
- four of the eight Georgia Tech Research Institute laboratories will be located at the facility.
- the facility previously housed operations for the F-22 Raptor fighter jet program.
Clarification: This article has been updated to state the Georgia Tech Research Institute received nearly a half-billion dollars in federal research funding in the last federal fiscal year.