Georgia Board of Regents members reviewed a $63 million proposal Tuesday by Georgia Tech to purchase land in Cobb County to expand its research efforts and expect to vote on the plans in September.
Tech wants a lease-revenue bond package to acquire and renovate 32 acres in Marietta owned by Lockheed Martin.
Renovations would include 755,000 square feet of office and warehouse space in four buildings, which previously housed operations for the F-22 Raptor fighter jet program.
The expansion by Tech could involve the relocation or placement of 500 research-related jobs to the site, a 2016 news release said.
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