Posted Mar 29, 2015, 7:16 PM
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BANNED
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Join Date: Nov 2013
Location: Buckhead
Posts: 2,763
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Originally Posted by smArTaLlone
Not that we know of. Remember that this is not just an office building. The data center itself will be nearly 300,000 SF which is equivalent to a small office building and is obviously more costly to build than just standard office space. The proton therapy center costs over $200 million with no tower.
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Based on the info from the latest ABC, the data center is only 60 - 80K SQF. The physical office portion is 600K and the rest retail or some other use. $300 Million still sounds extremely high.
From the Atlanta Business Chronicle: http://www.bizjournals.com/atlanta/print...-vie-for-huge-georgia-tech.html?page=all
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The new project would rise over Tech Square on the site that housed the Crum & Forster building at 4th and Spring streets. It would add up to 750,000 square feet of new development to Tech Square, including a new 600,000-square-foot office building anchored by Georgia Tech, and a High Performance Computing Center.
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Georgia Tech will put itself on an even larger stage with its latest expansion of Tech Square, which includes a 60,000 to 80,000 high performance computing center. The entire mixed-use project is expected to draw international interest. It already landed Stuttgart, Germany-based RIB Software AG, which plans to relocate its North American Headquarters to the development.
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