Incubator Coming To Ponce City Market
It's a luxury Jamestown certainly has after its leasing victories at Ponce City Market, with Cardlytics, Athenahealth and most recently MailChimp. That was because Jamestown bet the former Sears warehouse would become a “non-commodity space” that companies would seek coming off the Great Recession. “Our bet when we made it was that Atlanta… coming out of the recession, part of [growth] would be fueled by the innovation economy,” such as tech companies, Matt says. (Don't play poker against these guys.)
Bright 'n early this morning, more than 400 of Atlanta's CRE pros turned out to St. Regis for Bisnow's Atlanta 2014 Forecast and heard Jamestown Propertries' Matt Bronfman tell the audience that a portion of Ponce City Market will be turned into a startup incubator. Matt says Jamestown is attempting to lure startup companies “because we want to have that vibrancy and energy. We don't just want to have the big companies. We want to have that future workforce.” When asked after the panel, Matt says Jamestown could reserve as much as 5k SF as incubator space.
