The move by the Fortune 500 financial giant is a blow, however, to the Buckhead office submarket.
A scene at The Battery Atlanta on March 28, 2022. The Braves will open the 2022 season at home April 7. (Photo by Tim Tucker/AJC)
Credit: Tim Tucker/AJC
Credit: Tim Tucker/AJC
A scene at The Battery Atlanta on March 28, 2022. The Braves will open the 2022 season at home April 7. (Photo by Tim Tucker/AJC)
Credit: Tim Tucker/AJC
Credit: Tim Tucker/AJC
“The new Truist Securities headquarters in The Battery Atlanta will be a unique location that will help us continue to attract, develop, and retain best-in-class teammates in order to better serve our clients,” Truist Financial Vice Chairman Beau Cummins said in a news release. “On the heels of a World Series championship, we’re proud to partner with the Braves and create this exciting new workspace.”
Truist, based in Charlotte, formed through the 2019 merger of Atlanta-based SunTrust and North Carolina-based BB&T. Truist’s name replaced the SunTrust brand on the Braves’ stadium following the corporate tie-up.
The Battery is a 2 million-square-foot mix of restaurants, retail, entertainment, hospitality and corporate offices. The Braves said Truist will be the fourth Fortune 500 company to have a major business unit or headquarters in the complex, including Comcast, TKE (ThyssenKrupp Elevator) and pizza giant Papa John’s.
Wednesday’s announcement comes on the eve of Opening Day for the Braves 2022 season, as the club prepares to defend its World Series championship.
March 2, 2022 Atlanta – Third Base gates at Truist Park are locked on Wednesday, March 2, 2022. The Braves season opens at home on Thursday. (Hyosub Shin / Hyosub.Shin@ajc.com)
Credit: HYOSUB SHIN / AJC
Credit: HYOSUB SHIN / AJC
March 2, 2022 Atlanta – Third Base gates at Truist Park are locked on Wednesday, March 2, 2022. The Braves season opens at home on Thursday. (Hyosub Shin / Hyosub.Shin@ajc.com)
Credit: HYOSUB SHIN / AJC
Credit: HYOSUB SHIN / AJC
Mike Plant, president and CEO of Braves Development Co., said the team has “tremendous pride in our relationship with Truist, which is rooted in our shared purpose of serving our communities, customers, fans and building championship teams.”
Information about potential incentives for the project was not immediately available. ThyssenKrupp and Papa John’s each received tax breaks as part of their moves to The Battery.
Source: ajc.com
