Background

• Atlanta’s premier biotech research park supporting the sophisticated requirements of commercial biotechnology companies and providing them an interface with the Georgia Institute of Technology.
• Established in 2006.

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 companies have received financial incentives

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.
• 100% of the companies are technology-based, many associated with or derived from Georgia Tech.
• Firms:

	Altea Therapeutics - transdermal delivery system for water-soluble drugs & proteins. Size:  49,400 sf Occupancy:  June 2007
	CardioMems - wireless sensing and communication technology for the human body. Size: 40,137 sf Occupancy: Aug 2007
	Kemira - worldwide chemical group headquartered in Finland specializing in water and fiber management chemistry. Size: 37,153 sf Occupancy: Jun 2009
	Medical Device Testing Facility - world-class commercial facility, including angioscope, MRI, PET, and CT imaging services. Size: 31,081 sf Occupancy: Jul 2009
	Georgia Tech Research Institute – applied research arm of the Georgia Institute of Technology. Size: 14,175 sf Occupancy: May 2006

Amenities

• Complimentary shuttle services.
• Georgia Tech athletic and recreational facilities, library & research equipment.
• Global Learning Center conference facility
• Georgia Tech Hotel and Conference Center.
• Medical device testing and imaging center providing single chain-of-custody arrangements.

Revenue to Region

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

Jobs

• 200+ jobs.
• $12 million annual payroll put into local economy.
• Build-out: 1,500 jobs and $90 million payroll.

Device Testing and Imaging

World-class device testing and imaging center:

• Angioscope for research studies on drug eluting stents.
• Extensive imaging services including MRI, PET, and CT.
• Separate ICU and Recovery areas.
• Rapid prototyping services.
• Separate public and private entrances and areas.
• Sponsor Resource Center with video and audio feeds.
• Expanded Vascular physiology lab for efficient comparison of invitro and invivo data.

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.
• 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.
• Provide financial return.

Leasing

Mack Reese
Gateway Development Services
75 5th St., NW, Suite 1000
Atlanta, GA 30308
Phone 404.214.6900
info@gatewaydevelopmentservices 

Contact

John Majeroni
Real Estate Development
Georgia Institute of Technology
213 Lyman Hall
Atlanta, Georgia  30332-0257
Phone 404.695.3149