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Atlanta Financial Center

Coordinates:33°50′51″N84°22′06″W / 33.8473767°N 84.3682354°W /33.8473767; -84.3682354
From Wikipedia, the free encyclopedia
Office building complex in Atlanta, Georgia
Atlanta Financial Center
The Atlanta Financial Center as seen from Georgia 400
Map
Interactive map of Atlanta Financial Center
General information
TypeCommercial
Location3353 Peachtree Road, NE,Atlanta,Georgia,United States
CompletedSouth Tower: 1982
East Tower: 1987
North Tower: 1989
OwnerSumitomo Corporation
Height
Roof270 ft (82 m)
Technical details
Floor count19
12
11
Floor area914,747 sq ft (84,982.8 m2)
Design and construction
ArchitectsStevens & Wilkinson
Smallwood, Reynolds, Stewart, Stewart & Associates
Website
www.atlantafinancialcenter.com

TheAtlanta Financial Center (AFC) is a 914,747-square-foot office building complex located inBuckhead,Atlanta,Georgia. The office complex is situated directly over theGeorgia 400 highway and features a black aluminum/glass-frame design, composed of three interconnected towers: an 11-story South Tower, a 12-story North Tower and a 19-story East Tower.[1] The Atlanta Financial Center is situated next toMARTA'sRed Line Buckheadstation; the Red Line runs directly underneath the complex.

Atlanta Financial Center was awarded aLEED silver certification in 2012.[2]

History

[edit]

Atlanta Financial Center originated as an 11-story office building serving the Robinson-Humphrey Company bank (later known asSunTrust Bank, nowTruist Financial), which was completed in 1982.

In 1984, Robinson-Humphrey was ready to proceed with plans to construct the 19-story East Tower expansion, which was in line with a proposed route for the controversialGeorgia State Route 400 extension. A compromise was worked out forFulton County to pay $3 million to Robinson-Humphrey to offset extra construction costs.

The deal called for the tower to be constructed with special concrete supports allowing for the highway and eventual MARTARed Line to run underneath; the deal also covered Robinson-Humphrey's $1 million donation of the right-of-way to theGeorgia DOT.[3]

The road and rail line is sealed off with concrete to protect the building from noise and vibration. Construction of the highway underneath the East Tower and parking garage was underway in 1990; the highway opened to traffic in 1993 and the rail line followed three years later, opening in 1996.

In 2001, the property was sold toHines Interests Limited Partnership and General Motors Asset Management for $154 million; the partnership purchased the property from Overseas Partners Capital Corp., who purchased the complex for $123 million in 1996.[4] The complex was once again sold in 2016 toSumitomo Corporation of America for $222.5 million. Sumitomo plans to embark on upgrades to the complex's common areas, amenities, building systems and equipment, and re-landscaping the park on-site.[5]

Tenants

[edit]
Tenants
John Foy & Associates, P.C.
Morris, Manning & Martin
North American Electric Reliability Corporation
Protiviti
Prudential Financial
Starr Companies
SunTrust Bank

References

[edit]
  1. ^Sams, Douglas (September 29, 2016)."Buckhead's Atlanta Financial Center hits the market".American City Business Journals.
  2. ^"Hines' Atlanta Financial Center Earns LEED Silver Certification" (Press release).Hines Interests Limited Partnership. March 6, 2012.
  3. ^Beasley, David (May 13, 1990)."Ga. 400 digs in at high-rise".Atlanta Journal-Constitution.
  4. ^Sams, Douglas (June 29, 2015)."Atlanta Financial Center about to hit the market".American City Business Journals.
  5. ^Hudson, Phil W. (December 21, 2016)."Atlanta Financial Center sells for $222.5 million".American City Business Journals.

External links

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33°50′51″N84°22′06″W / 33.8473767°N 84.3682354°W /33.8473767; -84.3682354

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