Economy
Midtown Atlanta is a commercial district in its own right, containing 22,000,000 square feet (2,000,000 m2) of office space, with 8,200,000 square feet (760,000 m2) of office space added to the area since 1997, with up to 3,800,000 square feet (350,000 m2) more planned. Furthermore, Midtown is home to many corporate headquarters, such as Equifax, EarthLink, Invesco, and The Coca-Cola Company, as well as other corporations with a sizeable presence such as Norfolk Southern, Wachovia, PriceWaterhouseCoopers, and AT&T Inc., as a result of its purchase of BellSouth. Google's Atlanta area office is in Midtown. Hotels in Midtown include the Four Seasons, the W, Hotel Palomar, now Renaissance, and the Loews.
Major law firms such as King & Spalding and Kilpatrick & Stockton are also located in this district. Arcapita's Atlanta offices are in the district. Jason's Deli's eastern regional office is in Midtown.
The Federal Reserve Bank of Atlanta, once located Downtown at 104 Marietta Street NW prior to 2001, is now located in Midtown at 1000 Peachtree Street NE.
Midtown is also home to a share of Atlanta's diplomatic missions. The Consulate-General of Canada is located in 100 Colony Square Building, as is the Netherlands Foreign Investment Agency. The Consulate-General of Switzerland in Atlanta is located in the Two Midtown Plaza building. The Taipei Economic and Cultural Office, representing the Republic of China, is located in the Atlantic Center Plaza. The Consulate-General of Israel to the Southeast is also located in Midtown.
Read more about this topic: Midtown Atlanta
Famous quotes containing the word economy:
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)