NCR, the Fortune 500, global leader in omni-channel solutions, did not let the rain dampen spirits as it broke ground of its future 22-story global headquarters last week. Located in the heart of Midtown Atlanta, the campus will be a symbol of NCR’s position as a worldwide technology leader. It will also further establish Atlanta as a technology hub – NCR is expected to bring an economic impact of $1.2 billion to the city.
“Our new world headquarters campus is truly a watershed moment for the future of NCR and the City of Atlanta,” said NCR Chairman and CEO Bill Nuti. “We are partnering with the City of Atlanta, State of Georgia and the University System of Georgia to create an environment that will inspire passion, collaboration, and innovation. It’s going to be one of the most dynamic tech communities in the world.”
Presently based in Duluth, GA, the company’s move to the corner of 8th and Spring will put NCR closer to Atlanta’s leading universities and technology centers, including Technology Square, one of the quickest growing innovation districts in the country. Like NCR, many companies are moving to the area with the goal of attracting and retaining Atlanta’s top talent.
“NCR’s decision to build a new global headquarters in the heart of Midtown signals the City of Atlanta’s status as an economic and technological powerhouse,” said Mayor Kasim Reed. “With a $300 million investment next to Georgia Tech, NCR has chosen to put down roots alongside one of the nation’s leading centers of innovation, and in the urban core of Atlanta. Together, NCR, our tech community, and the City of Atlanta will continue to grow and thrive.”
The event featured speeches from Bill Nuti, NCR Chairman and CEO; Kasim Reed, Mayor of the City of Atlanta; Larry Gellerstedt, President and CEO of Cousins Properties Inc, which is developing the $200 million first phase of the project, and others. A ceremonial mound of dirt stood next to the event tent, and the Refuge Coffee Truck treated guests to coffee and cupcakes showcasing the NCR insignia and signature green.
The first phase of the NCR Spring Street Building is expected to be completed by 2018, with a nearby 1.5-acre property also set to be developed. The completed campus will accommodate NCR 30,000-plus employees and their efforts to support 550 million daily transactions completed across retail, financial, travel, hospitality, telecom, technology, and small business.