The remarkable resilience of the Atlanta economy has been tested and proven more times than we can count. Through wars and technology transformations, slumps and paradigm shifts, Atlanta proves its agility. Sometimes the fortune and foresight that come together here are momentous, paving the way forward.
The leadership position Atlanta is maintaining in the economy of health and wellness is a current example. The comfortable condos in Midtown Atlanta are the surrounding community, the neighbors of the 200,000-square-foot Center for Global Health Innovation, a magnet for healthcare innovation and the life sciences. Resources such as the Center, the Tech Square at the Georgia Institute of Technology, and the well-established Centers for Disease Control and Prevention assure Atlanta a substantial share of the massive and growing investment in industries supporting health and wellness.
High on the List
A major jump ball for which Atlanta is well positioned is that of becoming headquarters for the Advanced Research Projects Agency-Health (ARPA-H), a billion-dollar initiative funded in May 2022 through the U.S. Department of Health and Human Services. The ARPA-H is to be a standalone agency within the National Institutes of Health, and yet there is consensus that it not be located with the NIH, because its mission is to be more innovative.
Seven states have expressed interest in becoming the home of ARPA-H, and the Midtown Atlanta condos for sale are among the assets that help position Atlanta in the forefront of this evaluation. Prestigious universities, research facilities, and biotech firms, such as those in easy reach of the luxury condos in Atlanta, GA, are the kinds of credentials that it will take to secure the location of this new agency and the investment that goes with it.
The Most Recent Chapter
The nearly-two-decades-long success of Technology Square is an example of Atlanta’s ability to propel development of an industry sector through intelligent cooperation. The idea of leaping over the Downtown Connector to establish what became an eight-block, 1.4-million-square-foot collection of buildings devoted to fostering initiatives in technology, business, research, and professional education occurred initially decades ago to Georgia Tech president Wayne Clough, when security surrounding the Olympic Games prompted him to find a new driving route to work.
Since then, the energy emanating from Georgia Tech has harmonized with Atlanta’s famous appetite for business to produce a virtually uncountable number of successful enterprises. Public-private, town-and-gown conversations have turned readily into business, industry, and employment throughout Atlanta’s recent history, and so the track record that precedes the Center for Global Health innovation is promising indeed. The value of new condos in Midtown Atlanta is but one result of this capacity for collaboration.
The design, location, vistas, and vibe of J5 Midtown are particularly well suited to the people who drive discovery and innovation. To discuss what that might mean for your own outlook on lifestyle or investment, just call us at 470-589-5055.
