Announcements from College Football Hall of Fame, Kemira, Iverson Genetic Diagnostics, John Reinhardt

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John Reinhardt

REALTOR

770.475.1130 Ext 6806

The Atlanta Development Authority has had a good fall in terms of business recruitment and expansion. The College Football Hall of Fame announced it would be relocating to Atlanta, Finnish company Kemira celebrated the grand opening of its research and development facility, and biotech firm Iverson Genetic Diagnostics, Inc. announced plans to open a regional genetic testing laboratory at the Morehouse School of Medicine.

The ADA played a supporting role to the Chick-fil-A Bowl, the State of Georgia, and Central Atlanta Progress in landing the relocation of the College Football Hall of Fame from South Bend, Ind. A new $50 million facility to house the Hall of Fame is expected to open in the fall of 2012 near Centennial Olympic Park, joining a host of other major tourist attractions in downtown Atlanta.

The final site selection is expected to be announced later this year. Facility design for the building project is will be complete later this fall, with construction on the 50,000-square-foot structure beginning next spring. It is likely the new College Football Hall of Fame facility will be adjacent to Centennial Olympic Park and near the new Center for Civil and Human Rights, also expected to open in 2012.

Finnish chemical company Kemira celebrated the grand opening of its new consolidated North American research and development facility on September 29. The space is located at Georgia Tech's Technology Enterprise Park.

The Atlanta Development Authority, the economic development arm of the City of Atlanta, laid the groundwork for this deal though its financing of TEP in 2006. The facility, which brings 85 new jobs to Atlanta, will house research and development professionals focused on enhancing development and commercialization of innovative technologies and products for the pulp and paper, water treatment and oil and mining industries. The new R&D center is one of five globally for Kemira and the only R&D location in North America.

Finally, a leader in the emerging field of gene-based health information, Iverson Genetic Diagnostics, Inc., announced that it is opening a regional genetic testing laboratory at the Morehouse School of Medicine in Atlanta.

The ADA assisted Iverson during the location-selection process. The initial phase of this cutting-edge laboratory will be the development of a 2,000-square-foot genetics lab with an investment of $2.5 million. This lab will create 13 new jobs on the MSM campus.

These deals represent significant wins not only for the ADA, but for all of its partners who share in these successes as well as the city of Atlanta and its ever-growing tourism and bioscience industries.

John Reinhardt

REALTOR

770.475.1130 Ext 6806

www.InFrontMarketing.com