A rendering of the new tower at the corner of West Peachtree and 5th Street in Technology Square. (Courtesy Georgia Tech).

A groundbreaking ceremony was held Thursday afternoon for a new multi-story tower at Technology Square in Midtown

The 40,000 square foot complex will sit at the corner of West Peachtree and 5th Street – currently a parking lot – across from the Biltmore Hotel.

According to a social media post, the building will be the new home of Georgia Tech’s Scheller College of Business and the top-ranked School of Industrial and Systems Engineering.

This new project will also include a large plaza with street-level retail and an underground parking deck. The building is being designed by Eskew Dumez Ripple and RJTR Design.

A groundbreaking ceremony for the new tower was held Oct. 20. (Courtesy Georgia Tech)

Collin Kelley

Collin Kelley has been the editor of Atlanta Intown for two decades and has been a journalist and freelance writer for 35 years. He’s also an award-winning poet and novelist.