Georgia Tech Breaks Ground at Science Square — Announces Fund to Connect Local Communities to Employment Training and Educational Resources
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, a dedicated district dedicated to biomedical research and technology, is the first of its kind in Atlanta. Science Square will attract the best innovators and researchers from around the world as Atlanta emerges as a leading hub of talent focused on discovering breakthrough medical solutions to save and improve lives.
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.
Ángel Cabrera, president of Georgia Tech, said: “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.The purpose 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. says.
This development also demonstrates how Georgia Tech continues to grow and expand its reach with the help of public-private partnerships. “As we have done in the past, we will once again leverage the unique assets of our leading research university to foster innovation, create new economic opportunities and help transform the cities around us,” said President Cabrera. said.
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.
“This underscores the central focus of the entire Georgia university system: preserving and strengthening relationships with world-class public universities and colleges, and contributing to the economic success of the state and all Georgians. is our commitment to,” said Prime Minister Sonny Perdue. “We have seen what Georgia Tech has achieved with Tech Square, and we look forward to seeing Science Square grow into the nation’s premier source of 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 that have traditionally been 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 a district dedicated to biomedical research and technology. The first phase of development at Science Square will include TCC’s Science Square Labs, a speculative 364,740 square foot Class A lab/office tower. Phase 1 also includes a 280-unit residential building developed by TCC’s multifamily subsidiary, High Street Residential (HSR). His HSR’s first residential development in Atlanta, the building includes a shared parking garage and his ground floor retail space.