Category Archives: Fulton

Deal: BlackRock to Create Innovation Hub in Fulton County

Gov. Nathan Deal today announced that BlackRock, the world’s largest asset management firm and a technology solutions provider, has chosen Atlanta for the company’s newest Innovation Hub. BlackRock plans to build its presence in Fulton County, partner with the Atlanta business community and local universities, and create 1,000 career opportunities over the next several years.

“When firms like BlackRock choose to expand here in the No. 1 state for business, it’s a powerful statement of what Georgia has to offer to industry leaders,” said Deal. “Georgia provides a workforce that is among the nation’s best and brightest, and their talents and skills, paired with our willingness to embrace cutting-edge innovation, will provide BlackRock with valuable resources as the company continues to grow across our nation. The establishment of this new Innovation Hub also reaffirms the value of the low-tax, pro-business environment we have established, an environment that will provide BlackRock with a strong foundation for success in Fulton County. Our state is truly a hub for industry leaders of all sectors and BlackRock’s plans to strengthen its presence here further proves that Georgia is on the minds of our nation’s top job creators. We value BlackRock’s commitment to creating career opportunities in Fulton County and look forward to the growth of this partnership in the years to come.”

By expanding in Atlanta, BlackRock will extend its technology capabilities and enjoy proximity to top universities, including Georgia Tech, where BlackRock currently sponsors the BlackRock Hallac Scholarship for socioeconomically disadvantaged students pursuing degrees in science, technology, engineering and math.

 “The Atlanta innovation hub is an example of BlackRock’s strategy to serve clients globally and locally and we are excited to build our presence in the area over the next several years,” said BlackRock Chief Operating Officer Rob Goldstein. “Atlanta was chosen for its skilled and diverse talent pool, thriving business community and high quality of life as we look to attract top talent and constantly innovate how we operate.”

 “Atlanta’s culture of collaboration with public and private stakeholders bolsters our region’s economy, creates well-paying jobs and expands economic opportunity,” said Atlanta Mayor Keisha Lance Bottoms. “The opening of BlackRock’s Atlanta Innovation Hub continues this legacy and we look forward to welcoming and working with them.”

 Georgia Department of Economic Development (GDEcD) Senior Project Manager Randall Toussaint represented the Global Commerce Division in partnership with Invest Atlanta, the Metro Atlanta Chamber and Georgia Power.

“Metro Atlanta is a top market for innovation, tech talent and big thinkers who disrupt the status quo, and Blackrock is a welcome addition to our ecosystem,” said Hala Moddelmog, president and CEO of the Metro Atlanta Chamber. “The company will benefit from the unique collaborative spirit within our civic, business, academic and tech communities that drive success in our region. Congratulations to Blackrock for choosing Atlanta for their innovation hub.”

“BlackRock’s decision to locate in Atlanta is a testament to the strength of our rapidly growing technology ecosystem,” said Dr. Eloisa Klementich, president and CEO of Invest Atlanta. “Technology business expansions in 2018 alone are projected to create an economic impact of $500 million as these companies make thousands of new hires and millions of dollars of capital investment. BlackRock is at the forefront of investment tech and will join more than 20 corporate innovation centers here that make us a top-tier city for corporate innovation.”

“We are thrilled to welcome BlackRock’s new Innovation Hub to Atlanta,” said GDEcD Commissioner Pat Wilson. “When companies such as BlackRock choose to do business in our state, it further proves why Georgia is the prime location for innovative and rapidly growing companies. The establishment of BlackRock’s new facility will serve as a magnet for additional companies in this industry, as well as top talent that keeps our workforce moving forward.”

 About BlackRock

BlackRock helps investors build better financial futures. As a fiduciary to clients, BlackRock provides the investment and technology solutions clients need when planning for their most important goals. As of Sept. 30, 2018, the firm managed approximately $6.44 trillion in assets on behalf of investors worldwide. BlackRock’s global headquarters are in New York. For additional information, visit www.blackrock.com.

Deal: Inspire Brands to Create More Than 1,100 Jobs in Sandy Springs

Gov. Nathan Deal today announced that Inspire Brands will locate its new headquarters in Sandy Springs, creating more than 1,100 jobs and investing approximately $32 million in Fulton County over the next six years.

“For the better part of the last decade, Georgia has cultivated a reputation as a hub for industry leaders,” said Deal. “When thriving companies like Inspire Brands choose to locate their headquarters in Georgia, they reaffirm the value of our highly skilled workforce and the strength of our low-tax, business-friendly climate to support long-term growth. We value Inspire’s commitment to creating jobs in Fulton County and look forward to continuing this strong partnership for years to come.”

Inspire plans to make a capital investment of approximately $32 million in Atlanta during the development of its new Global Support Center. The headquarters is expected to open in 2019 and will be the global hub for Inspire and its portfolio of restaurant brands.

“We are proud to call Atlanta the home of Inspire Brands,” said Paul Brown, co-founder and CEO of Inspire Brands. “Our vision is to invigorate great brands and supercharge their long-term growth, and Atlanta provides the culture of innovation we need for our brands to reach unprecedented success. I want to thank Governor Deal and his team for their leadership in helping cultivate our city and state in to a world-class business hub.”

Inspire Brands is a multi-brand restaurant company founded in February 2018. Inspire’s portfolio encompasses more than 4,600 Arby’s, Buffalo Wild Wings and R Taco restaurants worldwide, with combined global system sales of over $7.6 billion in 2017. More than 150,000 company team members and franchise employees support Inspire and its family of brands.

“The major investment by Inspire Brands in jobs and capital in Fulton County is another testament to our vibrant business climate, skilled workforce and availability of high-quality real estate,” said Fulton County Board of Commissioners Chairman Rob Pitts. “It also reflects the unparalleled success of the City of Sandy Springs in being a leading destination for corporate headquarters and operations.”

“We have focused on creating an environment, the infrastructure and amenities to attract top talent and keep them here with unequaled access to our work and play lifestyle,” said Sandy Springs Mayor Rusty Paul. “It is especially satisfying to watch companies like Inspire Brands thrive and grow within our community.”

Georgia Department of Economic Development (GDEcD) Project Manager Randall Toussaint represented the Global Commerce Division in partnership with the City of Sandy Springs, the Metro Atlanta Chamber, the Development Authority of Fulton County and Georgia Power.

“Inspire Brands is an exciting, fast-growing company in the region, and their expansion reflects confidence in metro Atlanta’s growth as a global hub for franchising,” said Hala Moddelmog, president and CEO of the Metro Atlanta Chamber. “Inspire Brands’ investment in the metro area will continue to build on that reputation.”

“Georgia is the ideal home for business headquarter operations, and Inspire Brands will be in good company as they establish their new headquarters in Sandy Springs,” said GDEcD Commissioner Pat Wilson. “We are excited about the many job opportunities they are creating for our citizens.”

About Inspire Brands

Inspire Brands is a multi-brand restaurant company whose portfolio includes more than 4,600 Arby’s, Buffalo Wild Wings and R Taco locations worldwide. The company was founded in 2018 and is headquartered in Atlanta. For more information, visit InspireBrands.com.

Georgia 400 Trail (PATH 400) Project Wins American Transportation Award

ATLANTA, GA – The Georgia Department of Transportation’s (Georgia DOT) $9.2 million Georgia 400 Trail (PATH 400) project received the Quality of Life/Community Development, Small Category Award Tuesday at the 2018 SASHTO Annual Meeting in Houston, Texas. The Georgia DOT partnered with the PATH Foundation and Livable Buckhead to develop the 5.2-mile bikeable and walkable greenway through the heart of Atlanta’s north side. The partnership resulted in cost efficiencies and design innovations.

“The PATH converted unused right of way property into something functional and beautiful, offering wonderful health and recreation benefits to the community,” said Meg Pirkle, Georgia DOT’s chief engineer. “We are proud to have helped make this vision a reality”

The 11th Annual America’s Transportation Awards are sponsored by AASHTO, Socrata, AAA and the U.S. Chamber of Commerce. The competition recognizes transportation projects in three categories: Quality of Life/Community Development, Best Use of Technology and Innovation, and Operations Excellence. Project categories are broken down by size: small (less than $25 million), medium (between $25 and $200 million) and large (more than $200 million).

Georgia DOT built the PATH on the right-of-way of GA 400 and the public land adjacent to Metro Atlanta Regional Transit Authority (MARTA). The PATH reclaims what was a highway-only corridor and creates a multimodal trail by turning underutilized gray infrastructure into a useable green space. It connects neighborhoods, offices and retail locations and provides users with an easy way to explore, exercise, commute and engage.

Georgia DOT worked with the Atlanta Police Department to install security cameras at every major point of entry to the PATH. These cameras tie into the City of Atlanta’s state-of-the-art Video Integration Center, providing enhanced safety of pedestrians and cyclists using the PATH.

For more information on the award, or to see other winning projects, please visit: https://news.transportation.org/Pages/NewsReleaseDetail.aspx?NewsReleaseID=1510.