Carter's Peachtree Street Redo Another Honeywell Contender
There's another contender for the much-watched Honeywell software development center: Carter's 715 Peachtree.
Sources tell us Carter is in talks with Honeywell to take anywhere from 60k to 80k SF at 715 Peachtree, Carter's $50M conversion of a former 318k SF J.C. Penney Co regional HQ into a boutique office project. Shorenstein Properties' Bank of America Plaza, the tallest building in the Southeast, is also in the running.
This would mean that, as many sources say, Honeywell's $9.4B Home and Building Technologies business unit is down to those two main contenders for its 800-job software development center. Carter's Scott Taylor declined to comment.
Known as Project Blizzard, Georgia Gov. Nathan Deal announced this week plans to open a software development center that will create 730 full-time software engineer, and another 100 HBT division, jobs. Honeywell also owns two office buildings in Peachtree Corners.
It was thought Honeywell, led by CEO Terrence Hahn (above), could be seeking anywhere from 150k to 200k SF of prime office space, based on job numbers, but sources say the actual RFP may be far less. While Carter has already leased space to Regus' co-working operations at 715 Peachtree, it did lose out recently on a deal with Verizon Telematics when the telecom giant scuttled plans to move there from Central Perimeter.
