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.
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Famous quotes containing the word economy:
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—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)
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)