State Farm Insurance Co.’s 2.2 million-square-foot campus is kicking off its second phase, further distancing Dunwoody from its suburban roots, with a new walkable district connected by transit and lined with street-level retail.
According to this week’s Atlanta Business Chronicle, over the next five years, the expansion of the State Farm campus — officially known as Park Center— promises to convert Hammond Drive from a morning and afternoon thoroughfare to a corridor that shares some of the urban feel of intown Atlanta.
“This could be more like parts of Buckhead, or even Midtown between 14th and 5th streets,” said Bill Halter, an architect with Cooper Carry and lead principal on the more than $1 billion project.
Dallas-based KDC Real Estate Development is already starting construction on key features of the second phase, which will include a 22-story building that could begin going vertical later this year. It’s slated for completion by the end of 2019.
Park Center’s second phase will also include another 19-story building for State Farm. It could be finished by 2020. What makes Phase Two unique is the increased connectivity it creates, said Alex Chambers, a KDC regional vice president.
For example, consider the pedestrian bridge over Perimeter Center Parkway that will connect the first State Farm tower — completed last October — to the MARTA station and a new pedestrian plaza. The campus could also link to a multi-use trail and the proposed $20 million East-West connector, which would include long-term plans for more street-front retail.
Park Center is the largest corporate office project in metro Atlanta’s history.
Douglas Sams covers commercial real estate for Atlanta Business Chronicle