HOME

TheInfoList



OR:

The Atlanta Financial Center (AFC) is a 914,747-square-foot office building complex located in
Buckhead Buckhead is the uptown commercial and residential district of the city of Atlanta, Georgia, comprising approximately the northernmost fifth of the city. Buckhead is the third largest business district within the Atlanta city limits, behind Downto ...
,
Atlanta Atlanta ( ) is the capital and most populous city of the U.S. state of Georgia. It is the seat of Fulton County, the most populous county in Georgia, but its territory falls in both Fulton and DeKalb counties. With a population of 498,715 ...
,
Georgia Georgia most commonly refers to: * Georgia (country), a country in the Caucasus region of Eurasia * Georgia (U.S. state), a state in the Southeast United States Georgia may also refer to: Places Historical states and entities * Related to the ...
. The office complex is situated directly over the
Georgia 400 Georgia State Route 400 (SR 400; commonly known as Georgia 400) is a freeway and state highway in the U.S. state of Georgia serving parts of Metro Atlanta. It is concurrent with U.S. Route 19 (US 19) from exit 4 ( Inte ...
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. The Atlanta Financial Center is situated next to MARTA's Red Line Buckhead station; the Red Line runs directly underneath the complex. Atlanta Financial Center was awarded a
LEED silver Leadership in Energy and Environmental Design (LEED) is a green building certification program used worldwide. Developed by the non-profit U.S. Green Building Council (USGBC), it includes a set of rating systems for the design, construction ...
certification in 2012.


History

Atlanta Financial Center originated as an 11-story office building serving the Robinson-Humphrey Company bank (now known as
SunTrust Bank SunTrust Banks, Inc. was an American bank holding company with SunTrust Bank as its largest subsidiary and assets of US$199 billion as of March 31, 2018. The bank's most direct corporate parent was established in 1891 in Atlanta, where it was ...
, who still occupies the building), 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 controversial
Georgia State Route 400 Georgia State Route 400 (SR 400; commonly known as Georgia 400) is a freeway and state highway in the U.S. state of Georgia serving parts of Metro Atlanta. It is concurrent with U.S. Route 19 (US 19) from exit 4 ( Int ...
extension. A compromise was worked out for
Fulton County Fulton County is the name of eight counties in the United States of America. Most are named for Robert Fulton, inventor of the first practical steamboat: *Fulton County, Arkansas, named after Governor William Savin Fulton *Fulton County, Georgia *F ...
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 MARTA Red Line to run underneath; the deal also covered Robinson-Humphrey's $1 million donation of the right-of-way to the
Georgia DOT The Georgia Department of Transportation (GDOT) is the organization in charge of developing and maintaining all state and federal roadways in the U.S. state of Georgia. In addition to highways, the department also has a limited role in developin ...
. 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 to
Hines Interests Limited Partnership Hines Interests Limited Partnership is a privately held company that invests in and develops real estate. The company has developed, redeveloped or acquired 1,450 properties, comprising over 485 million square feet. The company currently manage ...
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. The complex was once again sold in 2016 to Sumitomo 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.


Tenants


References


External links

*
Atlanta Financial Center - Emporis
{{coord, 33.8473767, -84.3682354, display=title Office buildings in Atlanta Office buildings completed in 1982 1982 establishments in Georgia (U.S. state) Leadership in Energy and Environmental Design basic silver certified buildings