What is the goal of this study? To determine the feasibility of - PowerPoint PPT Presentation

Technology Enterprise Park Study EDA Funded “Study the feasibility of expanding the existing TEP Research Park into a broader Health and Biosciences District or Neighborhood” Project Team Georgia Tech The University Financing Foundation Invest Atlanta Chris Downing, P.E. Ph. 404-894-7700 Email: chris.downing@gatech.edu

What is the goal of this study? To determine the feasibility of expanding our existing research park into a mixed-use research district or neighborhood. Why should you care? If a Research Neighborhood is created, it will have several benefits to this community including: • Diverse job creation (potential for >4000 jobs) • New housing opportunities • Community spaces • Additional retail establishments • Improved transportation infrastructure Our study team will be working with the WCA to communicate, gain input, and collaborate with the westside communities throughout the study process.

TEP Study Area

TEP 1 Building

Technology Enterprise Park T3 Labs TEP 1

How can a university innovation ecosystem impact the surrounding community? First consider Tech Square

5 th Street – Before Tech Square

5 th Street – Before Tech Square

Tech Square 2015

Tech Square 2015

“Tech Square is a testament to what is possible when higher education, government, business, and the community work together. In just 10 years, it has become the place to be for high tech innovators and entrepreneurs in the Southeast.” Georgia Tech President Bud Peterson

Conventional Research Park Buildout

Creative ways to support work/life/play Research Neighborhood

Gateway Improvement

Powerline Park Concept

Timing is Good Westside TAD Strategic Implementation Plan Westside Future Fund Downtown West/Friendship Baptist New Atlanta Falcons Stadium Blank Family Foundation Georgia Tech (Ivan Allen College) + APS + TCSG The Coca-Cola Company (Vision 20/20) Northyards/CBRE T3 Labs + St. Jude’s/Cardiomems + GCMI + ATDC Georgia World Congress Center Atlanta Housing Authority Atlanta Streetcar + Atlanta BeltLine

What is the goal of this study? To determine the feasibility of expanding our existing research park into a mixed-use research district or neighborhood. Why should you care? If a Research Neighborhood is created, it will have several benefits to this community including: • Diverse job creation (potential for >4000 jobs) • New housing opportunities • Community spaces • Additional retail establishments • Improved transportation infrastructure Our study team will be working with the WCA to communicate, gain input, and collaborate with the westside communities throughout the study process.

TEP Research Park Study Like Tech Square – We need to think boldly And your input is needed Chris Downing, P.E. Enterprise Innovation Institute 404-894-7700 chris.downing@gatech.edu