Trammell Crow Co. wants to ensure that the Science Square life science and multifamily mixed-use property creates opportunities in the Atlanta neighborhoods that surround it.
The development firm kicked off the project in August with its residential subsidiary High Street Residential and Georgia Tech's Georgia Advanced Technology Ventures
In connection with its role in the project, Dallas-based Trammell Crow said it would provide a $500,000 Community Education Grant to support job training, education and outreach to help residents of adjacent neighborhoods develop skills needed to participate in the life science industry. The developer's contribution will supplement years of work Georgia Tech has done in support of these neighborhoods, said Trammell Crow Senior Vice President Katherine Lynch.
"The $500,000 Community Education Grant is for the first phase of Science Square, which itself is a metaphorical (and eventually, a physical) bridge connecting historically underserved communities in Atlanta," Lynch said in an email.
Plans call for donations to be made during each phase of Science Square's construction. "Additional $500,000 grants will follow for the next four phases of development at Science Square, in total reaching $2.5 million in funding that will go directly to the Vine City and English Avenue communities," Lynch said.
Science Square is an 18-acre district near Georgia Tech's main campus. Its first phase, expected to be completed in early 2024, includes Trammell Crow's Science Square Labs, a speculative, 364,740-square-foot, Class A lab-and-office tower as well as a 280-unit residential building developed by High Street.