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Economic Impact in Atlanta

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Emory is expanding through a $600 million construction boom aimed at improving existing facilities and creating several new ones. During the next few years—with the guidance of the campus master plan—eight major buildings will be in construction, including a science classroom/laboratory facility, a new nursing school, a medical research building, a cancer institute, a hospital redevelopment project, an arts center on the Oxford campus and one on the Atlanta campus, and student housing/recreational facilities. In addition to new construction, teaching spaces are being updated and enhanced throughout the campus.

From year to year, Emory’s construction budget varies as projects are initiated and completed. During the past decade, however, Emory’s building projects have played a significant role in the local construction economy.

In 1999 Emory spent $62.6 million on construction projects, at a time when many of the upcoming projects were in the planning/development stage. That represents 17 percent of the $362 million spent in DeKalb County for individual, business, and industry construction during the same period. Indirectly these projects yielded another $142.6 million to benefit Atlanta’s economy.

 

Construction Projects in millions

1994–1999 Construction Totaling $152.4 million
Grace Crum Rollins Public Health Building $18.5 million
Emory Hotel and Conference Center $26 million
Callaway Memorial Center Renovation and Addition $8.15 million
1525 Clifton Road Building and Deck $17.5 million
Roberto C. Goizueta Business School $24.8 million
Addition to Woodruff Library $23 million
Emory Vaccine Research Center $15.5 million
Other projects $19.94 million
2000–2005 Construction Totaling $613.2 million
Nell Hodgson Woodruff School of Nursing $22.1 million
Joseph B. Whitehead Research Building $82.8 million
Cherry Logan Emerson Hall / Center for Physical Sciences $45 million
Crawford Long Hospital Redevelopment $241.4 million
Winship Cancer Institute Building $61.1 million
Medical Education Building Renovation and Addition $25 million
Donna and Marvin Schwartz Center for the Performing Arts $35.8 million
University Apartments Replacement Housing and Renovation $64 million
Other projects $36 million

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