Transportation giant Norfolk Southern announced they would be building a new headquarters in Georgia bringing 850 jobs with a $575 million investment.
The railway and transportation company held a press conference with Governor Nathan Deal and Mayor of Atlanta Kesha Lance Bottoms. Norfolk Southern’s new campus will house the company’s headquarters, dispatch operations, operations and service support center, crew management center, corridor operations offices, national customer service center, administrative functions, marketing department, and police communications center.
The new headquarters will be located in the Midtown area known as “The Gulch.” Atlanta’s economic development team heavily recruited Norfolk Southern, Invest Atlanta, but Norfolk Southern was also being swooned by Norfolk, Virginia’s mayor to keep their headquarters in Virginia, but the incentive packages and available infrastructure in Atlanta sealed the deal.
The Atlanta City Council approved a $2 billion public financing package last month to the developer group CIM to develop “The Gulch” property in Midtown. Norfolk Southern already owned land near “The Gulch” property. Atlanta city’s economic development agency said the new headquarters could bring an economic impact of $811 million and bring along with it a $600 lease purchase bond.
Norfolk Southern’s new building is expected to be 750,000 square feet of space and bring 850 jobs to Georgia in addition to the current 2,000 employees already in Atlanta. The site could also include a daycare center for their employees.
“As a major hub for both transportation and innovation, Georgia is a fitting home for Norfolk Southern’s new headquarters,” said Georgia Governor Deal. “As the No. 1 state for business six years in a row, Georgia has become a preferred location for industry leaders like Norfolk Southern, as we have seen more than 30 locations or expansions by Fortune 500 companies in the better part of the last decade. Much of this success can be attributed to our expansive infrastructure network, our culture of collaboration and ready-to-work communities, all of which are essential in helping businesses move goods around the nation and to international markets as efficiently as possible.
Norfolk Southern is a major transporter of automotive products, coal, and industrial products. Its subsidiary, Norfolk Southern Railway, operates approximately 19,500 route miles in 22 states and Washington, D.C. In 2017, Norfolk Southern employed 4,710 Georgians.
“We are proud that another Fortune 500 company will make Atlanta its home,” said Atlanta Mayor Kesha Lance Bottoms. “Norfolk Southern’s decision to expand its current Atlanta operations and relocate its headquarters here is a testament to Atlanta’s thriving business community and talented workforce. The approval of the Gulch redevelopment helped make this possible. We look forward to welcoming them to their new home in Midtown.”
Georgia Department of Economic Development (GDEcD) Senior Project Manager Randall Toussaint represented the Global Commerce Division in partnership with Invest Atlanta, the Metro Atlanta Chamber, and Georgia Power.
“We are thrilled that Norfolk Southern selected metro Atlanta for their new headquarters,” said Hala Moddelmog, president and CEO of the Metro Atlanta Chamber. “As the #supplychaincity, Atlanta is a global leader in supply chain infrastructure, and Norfolk Southern is one of the nation’s premier transportation companies. Our region will be a perfect fit to support Norfolk Southern’s long-term growth plans.”
Invest Atlanta was instrumental and financing the bond for Norfolk Southern.
“As a city founded as the terminus of a railroad line, it means so much for Atlanta to have Norfolk Southern choose to locate their headquarters here,” said Dr. Eloisa Klementich, president and CEO of Invest Atlanta. “The estimated $811 million economic impacts the company will bring to our city will create and retain jobs, attract investment, and further strengthen our position as a top-tier transportation and logistics hub.”
Norfolk Southern Commissioner Pat Wilson also gave reiterated their close ties to Atlanta and the state of Georgia:
“We are committed to maintaining Georgia’s title as the No. 1 place in the nation in which to do business, and a huge economic development win like Norfolk Southern is a testament to Governor Deal’s leadership,” said GDEcD Commissioner Pat Wilson. “Norfolk Southern has a long history in Georgia, and we are uniquely equipped to support their needs as they expand their footprint in Georgia. I am especially excited to welcome Norfolk Southern back to Georgia. Thank you to all the partners who made this possible.”