Georgia Tech Breaks Ground on Science Square

This development is an important step forward in establishing Atlanta as a core resource for talent in the life sciences sector.

Georgia Tech partnered with Trammell Crow Company (TCC) to host the groundbreaking ceremony for Science Square. This exciting new project will be Atlanta’s first dedicated district dedicated to biomedical research and technology. As Atlanta emerges as a leading hub of talent focused on discovering breakthrough medical solutions to save and improve lives, Science His Square will attract bright innovators and researchers from around the world. .

As part of this project, TCC is providing a $500,000 community education grant to support vocational training, education, and outreach. With this grant, Science Square will partner with Washington and Douglas Cluster schools to support life sciences education that offers advanced facilities, professional development, and an engaging student experience. The grant will also fund scholarships for a local resident to pursue an associate degree in bioscience and technology at Atlanta Metropolitan College, giving her members of the community an internship or the resources they need to work in these industries. We offer other opportunities to earn training qualifications.

This landmark event marks the beginning of a breakthrough to make Atlanta a hub for life sciences and biomedical innovation. This development is an important step forward in solidifying Atlanta as a core resource for talent in the field, attracting thought leaders from around the world, as well as using these resources to create new opportunities here in our own communities. It also makes it possible to build a leader for them.

Georgia Tech president ngel Cabrera says that historically, Atlanta hasn’t had the same success with life sciences startups as it has in other tech sectors. “For the great ideas and companies that have started in this city, Atlanta provides a rich and dense biomedical innovation ecosystem biotech entrepreneurs need to attract talent and develop their ideas into marketable solutions. Because we couldn’t, we may end up elsewhere, and the aim of this new development is to reverse that dynamic.

Science Square’s purpose is to be a key determinant for Georgia Tech and other college graduate entrepreneurs to stay in Atlanta. They have an environment rich in talent and other resources to help them succeed. Reflecting on our experience with the Covid-19 pandemic, President Cabrera said we owe a lot to medical innovation and hoped Science Square would be a source of similar solutions in the future. increase.

This development also demonstrates how Georgia Tech continues to grow and expand its reach with the help of public-private partnerships. As he has done in the past, President Cabrera will once again leverage the unique assets of leading research universities to foster innovation, create new economic opportunities and help transform the cities around us. .

Working with private sector partners like TCC has enabled the Institute to combine its vision and assets with the power of private capital to get the job done.

It underscores the central focus of the entire Georgia university system, which is to maintain and strengthen relationships with world-class public colleges and universities, and to sustain the economic success of the state and all Georgians. is our effort. We’ve seen what Georgia Tech has achieved with Tech Square. We look forward to seeing Science Square grow into the nation’s premier source for life sciences research and innovation.

Science Square will be built on the south side of the Georgia Tech campus and in parts of our city traditionally excluded from development and investment. Key takeaways from our experience at Tech Square highlight what our investment and growth can do to revitalize urban areas.

This 18-acre development will be a mixed-use community featuring residential and commercial spaces and districts dedicated to biomedical research and technology. The first phase of development at Science Square will include TCC’s Science Square Lab, a speculative 364,740-square-foot class. Lab/office tower. Phase 1 also includes a 280-unit residential building developed by TCC’s multifamily subsidiary, High Street Residential (HSR). The building is HSR’s first residential development in Atlanta and includes shared parking and his ground floor retail space.

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