By Erin Schilling – Technology Reporter/ Atlanta Inno, Atlanta Business Chronicle
Jul 8, 2021 Updated Jul 8, 2021, 1:30pm EDT
Startups can now lease space in Georgia Tech’s new office space in West Midtown, an area booming with new investment.
Encore, a 50,000-square-foot space, is part of The Interlock, a budding mixed-use development at the corner of Howell Mill and 14th Street.
Encore is meant to be the next step for startups graduating from the Advanced Technology Development Center, a long-running incubator sponsored by the state and hosted by Georgia Tech.
ATDC startups are often small, founding teams in the early stages of development, meaning they don’t need much office space. Encore caters to the next phase of a startup — one that’s building its team but not be quite ready to disconnect from the ATDC startup community.
Encore's co-working concept is popular among early-stage companies, where the community is just as important as the office space. Buckhead’s Atlanta Tech Village already models this concept and has incubated at least two startups, Calendly and SalesLoft, that have surpassed $1 billion valuations.
The new incubator has 13 suites available to companies, which hold about 14 to 30 people each. Startups can customize the space or lease two suites for more space. CairEA, an artificial intelligence-powered real estate analytics platform, moved in the beginning of this month.
Encore also has conference rooms, individual workspaces, a coffee bar and balcony available. The Interlock also includes Puttshack, Chase Bank and other restaurant tenants. The $750 million development has 160,000 square feet of office space, a 40,000-square-foot grocery store, 280 student housing units, a 190-key hotel and 20,000 additional square feet of retail space.
all photography by Katie Bricker Photography