Atlanta will soon have a new Fortune 500 company headquarters – Norfolk Southern Corp.
The railroad company officially announced it is moving its corporate headquarters from Norfolk, Va. to Atlanta – a process that will take a couple of years to complete.
Atlanta’s development agency on Tuesday approved a deal that would make a move to Atlanta nearly $24 million sweeter for Norfolk Southern.
With approvals from the Atlanta City Council and Invest Atlanta, the Los Angeles-based CIM plan to redevelop the Gulch is moving forward.
Now we can dream a little on how we can make the Gulch development a spectacular centerpiece for our city.
Norfolk Southern’s plan to secure up to $600 million in funding for a new office building from Invest Atlanta, the city’s development arm, was deferred Thursday. In addition, Norfolk’s mayor was quoted Thursday saying the company’s move from Norfolk may not happen as soon as some think, and the company’s latest federal financial report portrays it as being in a strong financial position in the booming transportation sector.
By Maria Saporta Despite recent media reports indicating that Amazon has picked northern Virginia for its second headquarters, Gov. Nathan Deal has not given up that the company may pick Georgia. Amazon selected Atlanta as one of 20 cities that were finalists to win Amazon’s second headquarters, which eventually could lead to 50,000 jobs and […]
Atlanta Mayor Keisha Lance Bottoms said Friday morning it would be a “travesty” to lose the relocation of Norfolk Southern’s corporate headquarters to the city.
Norfolk Southern CEO Jim Squires says that if the Atlanta City Council fails to approve CIM’s Gulch deal at its meeting on Nov. 5, the railroad company will not be moving its headquarters to Atlanta.
The Fortune 500 company looking to move its corporate headquarters to the Gulch in downtown Atlanta is Norfolk Southern Corp.
The railroad company ranked as No. 284 on the Fortune 500 list, currently is based in Norfolk, Va. It opened its current 21-story headquarters in Norfolk in 1988. The headquarters relocation could bring as many as 1,400 jobs to Atlanta.
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