State Farm officials broke ground Thursday for the first new building in a planned Dunwoody campus that is being touted as the largest commercial office project in metro Atlanta's history.
The first building in the development will be a 13-story office tower atop a seven level parking deck, which is expected to open in late 2016. The project will include retail businesses and restaurants and a 175-room hotel. It will be connected to the MARTA station adjacent to Perimeter Mall.
Additional buildings will follow, with the entire development expected to include 2.2 million square feet of office space, 100,000 square feet of retail, restaurant and entertainment space and the hotel.
Over the next several years, project developer KDC Real Estate Development will add 1.6 million square feet to the campus.
The project is part of Park Center, a 17-acre master-planned project by developer KDC. State Farm will lease 585,000 square feet in the development’s first office building.
The first office building at Park Center consists of a 13-story building situated on a seven-level parking structure with ground floor retail space. The building will be located on a nearly 4-acre site at Hammond Drive and Perimeter Center Parkway, adjacent to the Dunwoody MARTA station.
The new Park Center facility will serve as part of the Atlanta hub, housing employees who will work across several functions to serve customers. The staff will be a combination of new hires and existing employees. State Farm currently employs about 5,500 people in the metro Atlanta area. In the coming years, State Farm will have an estimated 8,000 employees in the area.
“The KDC project and State Farm’s entry into the City of Dunwoody are game-changers for the entire north metro Atlanta region,” said Dunwoody Mayor Michael Davis. “This high-quality development strengthens Dunwoody and the central Perimeter area as Atlanta’s largest office market. I’m confident State Farm will find Dunwoody’s location, amenities and proximity to superior transportation resources valuable as it seeks qualified employees from throughout the region.”