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Department of Commerce Invests $1.8 Million in Prototype Prime

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Prototype Prime

Funds to Expand the Peachtree Corners Technology Incubator

The U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.8 million grant to the city of Peachtree Corners, Georgia, to help expand the Peachtree Corners Technology Incubator in the wake of Hurricane Irma. According to grantee estimates, the project is expected to create 143 jobs, retain 46 jobs and spur $27.5 million in private investment.

“The Trump Administration is continuing to work diligently to help rebuild communities devastated by hurricanes and other natural disasters,” said Secretary of Commerce Wilbur Ross. “The expansion of the Peachtree Corners Technology Incubator will boost entrepreneurship in the region and help local businesses grow and thrive.”

“From Lawrenceville to Savannah, Georgia has the one of the best climates for job creation in the nation,” said Congressman Woodall. “High tech entrepreneurs are flocking to the Seventh District because they have incredible opportunities to build and grow their businesses. I would like to thank President Trump and Secretary Ross for investing in Peachtree Corners. I have seen firsthand how Peachtree Corners Technology Incubator empowers local startups and helps them unlock their true potential. This grant will bolster an innovative hot spot and brings Georgia entrepreneurs one step closer to a better and brighter future.” 

This investment funds the purchase the 28,000 square-foot, two story building that Prototype Prime is currently leasing. Eliminating the rental cost will allow Prototype Prime to better support its hardware and software startups. The Incubator will focus on start-up companies engaged in software development, gaming programs, and web applications.

This project was made possible by the regional planning efforts led by the Atlanta Regional Commission. EDA funds the Atlanta Regional Commission to bring together the public and private sectors to create an economic development road map to strengthen the regional economy, support private capital investment and create jobs.

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Peachtree Corners Firm to Manage Renovation of New ASHRAE HQs

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ASHRAE

Collins Project Management of Peachtree Corners was selected to manage the renovation of the former Recall building in Technology Park. The space will be the new world headquarters for the American Society of Heating, Refrigeration, and Air Conditioning Engineers (ASHRAE).

ASHRAE intends the project to become a model for reducing carbon and environmental impacts from building operations, providing an exceptionally healthy working environment in a cost-effective manner. The ultimate goal is for the building to be “Net-Zero,” meaning it will produce as much energy as it consumes.

The team at Collins Project Management has completed 297 projects valued at $2.5 billion in the last 27 years. Recent projects include the Fox Theatre’s $10 million renovation in Midtown, the $125 million elevator Innovation and Qualification Center and a $35 million corporate headquarters for thyssenkrupp at The Battery Atlanta in the Cumberland area.

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Local Business Owner Launches Program – Assisting Single Moms To Jump Start Their Success

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TJ Ware, is the founder of Single Mom Network (SMN) and has experienced first hand the challenges of growing a business while raising a child full time.  Generally as an entrepreneur it is non-stop and demands are high. As a mother the job is 24/7 and if you are a single mom resources are very limited. Due to this issue TJ started the Single Mom Network to provide the resources to help other single moms grow and prosper while facing adversities.

The Single Mom Network will host seminars on creating financial freedom, professional development, career building, entrepreneurship, counseling, coding and more. The upcoming Brunch & Learn event will be hosted on April 20th, 2019 at Atlanta Tech Park and will focus on the pros and cons as an entrepreneur. A couple of topics that will be covered at this event l will be transitioning from your job or career to entrepreneurship and credit building solutions.

“Single Mom Network will be a place where dreams meet opportunity for a lot of single moms. We are committed to growing and providing a network of resources to single moms from all backgrounds,” states TJ.

You can join TJ & her team at Atlanta Tech Park along with several single moms and amazing speakers to learn more about our mission, our vision, and how we  plan to make the changes we want to see in every single mom globally by attending this event.

Sponsors: Atlanta Tech Park, Xquisite Marketing, United Credit Solutions, Transitions D2D, Avani Jacob Consultants, Faith Not Fiction Ministries, Cornerstone Media

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ASHRAE Relocating its World Headquarters to Peachtree Corners

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One of the nation’s top leaders in developing standards and guidelines for indoor-environment-control technology announced it is relocating its world headquarters to Peachtree Corners next year.

ASHRAE (American Society of Heating, Refrigerating and Air-Conditioning Engineers) announced it had purchased a 3-story building located at 180 Technology Parkway and will begin renovations to convert the 66,700 square-foot space into a modern high-performance facility. The nonprofit business has budgeted $15.7 million to retrofit the 1970’s-era building.

The company expects the new, renovated facility to become a showcase for the latest HVAC&R equipment and technology, providing a destination venue for industry visitors to experience state-of-the-art technology. The renovated world headquarters building will provide a technologically updated, cutting edge work space for ASHRAE members, staff and the public.

“We are pleased a company of ASHRAE’s distinction has selected Peachtree Corners as the site of its headquarters,” said Mayor Mike Mason. “Technology Park is a natural fit for a business whose work mirrors the city’s efforts in sustainability and green living.”

ASHRAE selected Technology Park in part because of the city’s work in renovating the 500-acre development into an innovation hub which includes multi-use trails, pocket parks, nearby millennial housing and other amenities. ASHRAE’s new headquarters overlooks a 15-acre lake which features a walking trail that surrounds the lake and connects with other points throughout Technology Park.

“We believe that renovating existing buildings represents the single best opportunity for making a significant impact on sustainability, resiliency and energy efficiency,” said ASHRAE President Sheila J. Hayter. “We want our new world headquarters to be an example of all that we stand for as a society and all that our industry has to offer.”

The renovation project for ASHRAE’s new headquarters includes: upgrading the existing building to operate at a higher sustainability level – anticipating net-zero operation to reduce energy consumption; and to be a model for reducing the carbon and environmental impacts of business operations in a cost-effective and replicable way.

Source: City of Peachtree Corners

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