The board of Atlanta’s development arm on Thursday approve grant funding to help Georgia Tech study a possible expansion of its Technology Enterprise Park.
Invest Atlanta’s $100,000 grant will add to more than $500,000 in federal and Georgia Tech funds to study expanding the enterprise campus into a health sciences and bioscience complex.
The current park is about 14 acres, but the study area will include about 60 acres of property controlled by Tech, the city, Atlanta Housing Authority and other interests.
Georgia Tech officials said the university wants to emulate the best attributes of Technology Square, the complex at Spring and Fifth streets that reconnected Tech with the rest of Midtown.
The study will consider housing, retail, research and office space. An Invest Atlanta resolution said the study will examine workforce development, cooperation with other research universities, “live/work/play elements” and creating links between the site and the burgeoning neighborhoods in the western end of Midtown.
The enterprise campus expansion study comes as Georgia Tech is soon to start development with Portman Holdings on a second phase of its popular Technology Square project in Midtown known as the High Performance Computing Center.
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