The Proscenium Explained

The Proscenium
Location:1170 Peachtree St NE,
Atlanta, Georgia
Coordinates:33.7864°N -84.3842°W
Map Type:Midtown Atlanta
Status:Completed
Building Type:high-rise building[1]
Roof:321.460NaN0
Floor Count:25 above ground, 3 below
Start Date:1999
Opening:2001
Architect:Tvsdesign

The Proscenium is a 24-storey office building in Midtown Atlanta, United States.[2] [3]

History

The Proscenium was constructed in 2001.[4]

In October 2012 the Atlanta Business Chronicle reported that Carter's Inc. was likely to lease in the Phipps Tower in Buckhead for its headquarters.[5] In December 2012 Carter's Inc. announced that it was moving its headquarters from Midtown Atlanta. The lease of 222730square feet of space is one if the largest headquarters leases to have occurred to date. The estimated value of the lease, except for concessions and escalation, was $70 million. The lease in Midtown was scheduled to be terminated on December 31, 2013.[2] Manulife Financial Corp owns both the Proscenium and the Phipps Tower so Carter's terminated its lease early in one building and moved to the other.[6]

In May 2013 Ionic Security signed a 7500square feet lease.[3]

Headquarters

Carter's, Inc. has its headquarters in Suite 900[7]

External links

33.7864°N -84.3836°W

Notes and References

  1. Web site: The Proscenium. https://web.archive.org/web/20170402082252/https://www.emporis.com/buildings/121249/the-proscenium-atlanta-ga-usa. dead. April 2, 2017. 2017-04-01. Emporis.com.
  2. Sams, Douglas. "Carter's moving HQ to Phipps Tower." Atlanta Business Chronicle. December 14, 2012. Updated on December 17, 2013. Retrieved on May 23, 2013.
  3. Karkaria, Urkvash. "Kleiner-backed Ionic Security upgrades to Midtown's Proscenium tower." Atlanta Business Chronicle. May 13, 2013. Retrieved on May 24, 2013.
  4. "Home." The Proscenium. Manulife Real Estate. Retrieved on May 24, 2013.
  5. Sams, Douglas. "Carter's HQ likely moving to Buckhead." Atlanta Business Chronicle. October 12, 2012. Updated October 22, 2012. Retrieved on May 23, 2013.
  6. "Carter’s moves to Buckhead." (Archive) Atlanta Business Chronicle. p. 2-3.
  7. "2012 Annual Report." (Archive) Carter's, Inc. Retrieved on May 23, 2013. "The Proscenium 1170 Peachtree Street NE, Suite 900 Atlanta, Georgia 30309 (Address of principal executive offices, including zip code)"