Coda will provide innovative companies an opportunity to co-locate with one another, and alongside researchers and faculty from Georgia Tech, which is ranked among the top 10 public universities in the country by U.S. News & World Report. Coda is anticipated to have an economic impact in Atlanta of $813.8 million and will have other significant economic benefits through the creation of 2,100 construction jobs, and 2,400 jobs onsite after completion, but also through its impact on innovation in the region.

“This year, we have seen four Fortune 500 companies locate or expand significant IT centers in Atlanta, bringing nearly 5,000 new jobs to the city,” says Mayor Reed. “Coda's advanced technology resources will be an invaluable asset for attracting the world's top tech professionals and keeping more of our talented students in Atlanta after graduation.”

Financing for Coda was finalized in November, with China Orient Asset Management International serving as equity joint venture partner. JP Morgan Real Estate Banking and Fifth Third Bank provided senior construction loan. A portion of the construction loan was provided by GCFID.

Positioned within the Technology Square in Midtown, Coda offers walkability and bike access as well as accessibility to transit (MARTA and the Tech Trolley). The facility's 645,000 square feet of office space will be complimented by 30,000 square feet of retail space, including the adaptive reuse of the historic Crum & Forster building. It will be activated by a plaza surrounded by food outlets, which will become a local gathering place and outdoor living room for Tech Square and Midtown Atlanta. There will also be an approximately 80,000 square-foot data center, which Next Tier HD has been selected to operate, and around 600 parking spaces.

ATLANTA—Portman Holdings started construction for Coda at Tech Square, located on the Georgia Institute of Technology campus in Midtown Atlanta. The mixed-use project is the first project of its kind in Atlanta and in the Southeast.

Covina at Tech Square is Atlanta's first class T office asset. It's designed for technological innovation through every detail, from advanced research facilities and a high-speed data center, to outstanding food offerings, outdoor gathering spaces and the Collaborative Core, which will be the heart of this building. The approximately 770,000 square-foot mixed-use project represents a $375 million investment into the Technology Square innovation district.

“The Collaborative Core fuels the interactions that distinguish Coda from all other office buildings,” Travis Garland, director of Leasing, tells GlobeSt.com. “It's strategically placed within the building and deliberately designed to engineer the types of serendipitous interactions that will lead to more innovation. This space is a large part of why Coda is referred to as a Class T building.”

DPR Construction is the general contractor and is scheduled to complete construction of the John Portman & Associates-designed building in 2019.

Coda will provide innovative companies an opportunity to co-locate with one another, and alongside researchers and faculty from Georgia Tech, which is ranked among the top 10 public universities in the country by U.S. News & World Report. Coda is anticipated to have an economic impact in Atlanta of $813.8 million and will have other significant economic benefits through the creation of 2,100 construction jobs, and 2,400 jobs onsite after completion, but also through its impact on innovation in the region.

“This year, we have seen four Fortune 500 companies locate or expand significant IT centers in Atlanta, bringing nearly 5,000 new jobs to the city,” says Mayor Reed. “Coda's advanced technology resources will be an invaluable asset for attracting the world's top tech professionals and keeping more of our talented students in Atlanta after graduation.”

Financing for Coda was finalized in November, with China Orient Asset Management International serving as equity joint venture partner. JP Morgan Real Estate Banking and Fifth Third Bank provided senior construction loan. A portion of the construction loan was provided by GCFID.

Positioned within the Technology Square in Midtown, Coda offers walkability and bike access as well as accessibility to transit (MARTA and the Tech Trolley). The facility's 645,000 square feet of office space will be complimented by 30,000 square feet of retail space, including the adaptive reuse of the historic Crum & Forster building. It will be activated by a plaza surrounded by food outlets, which will become a local gathering place and outdoor living room for Tech Square and Midtown Atlanta. There will also be an approximately 80,000 square-foot data center, which Next Tier HD has been selected to operate, and around 600 parking spaces.