Posted Feb 18, 2019, 5:16 PM
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Join Date: Mar 2007
Posts: 861
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Quote:
Originally Posted by West Peachtree
Admittedly, a partial fence is unusual. But, given who the new property owner is, when something happens, you won't be disappointed. www.901westpeachtree.com
Moreover, in an analysts earnings call just a week or so ago, the 901 West Peachtree site (including the 887 W.P. corner building) was referred to as a "terrific" site.
Colin Connolly
Absolutely. Midtown continues to be very robust and interest from large customers. And I would say if you look back five plus years ago, Midtown was really known as the legal hub of Atlanta. And it's evolved from there quite significantly and certainly began to pick the interest of certainly technology companies. And a lot of other large companies who are looking to tap into really the research and development and the talent over at Georgia Tech. And I'd say that really has been a key driver. That was certainly our experience with NCR. They wanted to be in Midtown close to mass transit, which Midtown offers and close to the talent and opportunity over Georgia Tech.
So we think that that will be a consistent theme. We've been positioning ourselves over the last several years to try to take advantage of those opportunities. And I think again in short order, hopefully, we'll be able to highlight that with Norfolk Southern. We also own a terrific site at 901 West Peachtree. And there's a lot of big customers in the market. So I know you would think of this traditional technology companies but also some other large corporate and financial services oriented companies who think of the technology and operations aspects of their business is really what's going to differentiate them going forward. And so we're very bullish on Midtown and certainly an area that will continue to focus on.
Subsequently, though, with AMAZON's HQ2 announcement pulling out of NY, maybe plans have changed with ATL back in the picture and this site among those on the table for AMZN. We can dream, right??
https://www.bisnow.com/atlanta/news/econ...ia-with-amazon-scrapping-nyc-plans-97531
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Amazon will likely add jobs to HQ2-1 DC and their 17 existing tech hubs instead of finding a second HQ2. Atlanta is one of the 17 tech hubs, BTW--
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