Boston Consulting Group to put 200-employee Atlanta hub in downtown’s 'Equitable' building
June 26,2017
Source: Urvaksh Karkaria, Atlanta Business Chronicle
Boston Consulting Group(BCG) will put its new 200-employee Atlanta hub in downtown’s iconic "Equitable” building.
The management consulting firm will take more than 17,261 square feet of "temporary space" at 100 Peachtree, according to a building permit filed with the city on June 23. The build-out of the space will cost $77,000.
BCG declined to comment on Monday.
On June 14, Atlanta Business Chronicle first reported BCG was eyeing the 33-story office tower.
On June12, BCG said it would create more than 200 jobs and invest $9.2 millionin a new regional support center in Atlanta. The BCG office will, over time, grow to 500 employees. Atlanta Business Chronicle first reported BCG’s expansion plans in April.
BCG, a "Big Three" consulting firm said it will lease 40,000-square-feet — or two floors — in an undisclosed downtown Atlanta building. Construction is expected to begin in June 2017 and to be completed in June 2018.
The new center will primarily support operational functions for BCG’s North America businesses. The new jobs will include skilled positions in creative visual services, finance, client and business support, legal and information technology, and other areas.
Atlanta competed with a shortlist of five cities for the expansion project, said Alan Wise, a senior partner and managing director for BCG in Atlanta.
Atlanta was picked because of its talent pool, quality of living and global transportation access, Wise said. Atlanta is a "a city where people want to live," he said.
BCG's expansion is the latest in a wave of professional services firms expanding in Metro Atlanta, drawn by the region’s growing population, global connectivity, and an abundant young and tech-savvy workforce.
Last year, Atlanta Business Chronicle reported KPMG’s plans for a 200-employee technology center in Midtown’s One Atlantic Center.
In 2014, Deloitte picked Atlanta for as the site of a technology development center — a first of its kind for the global professional services firm.
Deloitte said at the time it would create 400 high-tech jobs over the next few years at the “iLab” in Downtown, where it will develop software and analytics products for its Fortune 250 clients.
BCG has two offices in Atlanta. BCG has an Atlanta office at1075 Peachtree, a 725,000 square-foot office tower in Midtown.
In 2015, BCG acquired Atlanta consulting firm BrightHouse and relocated that business unit to Ponce City Market last year.