Technology Enterprise Park


Park Profile

Background
Development
  • 11 acres in urban Midtown Atlanta.
  • Two (2) buildings.
  • 172,000 SF, fully leased.
  • Sophisticated state-of-the-art plug-and-play laboratory capabilities.
  • Build-out: 600,000 SF.
Companies
  • 5 tenant companies with over 300 jobs.
  • 100% of the companies are technology-based, many associated with or derived from Georgia Tech.
Advantages
  • Quick and easy - State-of-the-art bio lab infrastructure ready to go
  • Convenient - Airport, MARTA trains, I-75/85, Ga Tech, desirable Midtown
  • Prestigious - Emerging home of Atlanta's bio-science community
  • Access - To Georgia Tech's talent, equipment, facilities, relationships
  • Support - All of our company's have received financial incentives
Amenities
  • Complimentary shuttle services.
  • Georgia Tech athletic and recreational facilities, library & research equipment.
  • Global Learning Center conference facility
  • Georgia Tech Hotel and Conference Center.
  • Pre-clinical testing and imaging center providing single chain-of-custody arrangements.
Jobs
  • 300+ jobs.
  • $19 million annual payroll put into local economy.
  • Build-out: 1,500 jobs and $90 million payroll.

Other Economic Impact
  • $410,000+ per year real estate taxes paid to community
  • $1.6 million per year upon build-out
  • Over $90 million invested to date
Pre-clinical Capabilities

World-class preclinical research and imaging center provided by St. Joseph’s Translational Research Institute:

  • Angioscope for research studies on drug eluting stents.
  • Extensive imaging services including MRI, PET, and CT.
  • Separate ICU and Recovery areas.
  • Rapid prototyping services.
  • Sponsor Resource Center with video and audio feeds.
  • Expanded Vascular physiology lab for efficient comparison of invitro and invivo data.
Park Objectives
  • Create an environment where biotech companies can grow and be profitable.
  • Promote the economic development of Atlanta and the State through creating jobs, new tax revenues and a biotech cluster, iii) promote the seamless commercialization of Georgia Tech intellectual property.
  • Maintain Tech’s competitiveness in recruiting/retaining faculty and students by creating a dynamic technology & business environment and providing employment, consulting and sponsored research opportunities.
  • Financial return.
Download Park Profile PDF
Technology Enterprise Park