STOCK TITAN

WPP invests in new Atlanta Campus

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

WPP (NYSE: WPP) is set to develop a new Campus in Atlanta's Old Fourth Ward, uniting over 400 staff from ten agencies including AKQA, BCW, and VMLY&R. This mixed-use development will feature modern design, a 39,000-square-foot conference center, and amenities aimed at fostering collaboration, especially with key clients like The Coca-Cola Company. Targeting a 'Gold' LEED rating, the Campus is planned for completion in Q2 2023, marking WPP's sixth North American Campus and the first unveiled this year.

Positive
  • Development of a new Campus in Atlanta, consolidating over 400 staff.
  • The Campus aims for 'Gold' LEED rating, enhancing sustainability reputation.
  • Proximity to major clients like The Coca-Cola Company, promoting collaboration.
Negative
  • None.

NEW YORK--(BUSINESS WIRE)-- WPP (NYSE: WPP) will create a world-class workspace for its people in Atlanta’s historic Old Fourth Ward neighborhood with the development of a new Campus.

The Campus will bring together over 400 of WPP’s people in the largest and most transformative new mixed-use development on the Atlanta BeltLine to date. It will house ten agencies based in the city including AKQA, BCW, EssenceMediacom, GCI Health, GroupM, GTB, Mindshare, Verticurl, VMLY&R and Wunderman Thompson.

The WPP Campus in Atlanta will feature an imaginative blend of public and private spaces that will seamlessly integrate into an already thriving community. The close proximity to The Coca-Cola Company’s headquarters and WPP’s other clients in the heart of Georgia’s capital city will foster greater collaboration via dedicated client spaces and continued growth of OpenX from WPP, the bespoke agency created in 2021 following WPP’s appointment as The Coca-Cola Company’s Global Marketing Network Partner. The Campus will also act as a unique new hub for Atlanta’s thriving technology scene.

WPP will lease office space from renowned real estate development firm New City in Tower 2 of the new Fourth Ward offices, neighboring the Historic Fourth Ward Park and Ponce City Market. The office design draws on inspiration from world-class architecture and boasts amenities including a 39,000-square-foot conference center, dozens of walkable shops and restaurants, and convenient access to the BeltLine.

The Atlanta Campus will target a “Gold” LEED rating, and WPP-owned BDG architecture + design will assist with the design of the interior office space. The Atlanta Campus will be WPP’s sixth in North America and the first to be unveiled in the U.S. this year. The move is set to be completed in the second quarter of 2023.

Michael Houston, President of WPP in the US, said: “We are thrilled to provide a new Campus for our agencies in the Atlanta community, especially in the Old Fourth Ward neighborhood which is experiencing unprecedented growth and transformation. Between the interface with the BeltLine and the surrounding amenities, the Atlanta Campus fosters the type of creative environment that will inspire our people, clients and partners alike.”

Jim Irwin, President of New City, said: “We are thrilled and humbled that WPP has selected the Fourth Ward Project for their Atlanta Headquarters. When we first began work on the master plan, we envisioned it as a place for best-in-class companies, like WPP, to cater to the evolving needs of their workforce and clients.”

About WPP

WPP is the creative transformation company. We use the power of creativity to build better futures for our people, planet, clients and communities. For more information, visit www.wpp.com.

Martina Suess, WPP

+1 917-456-5049

Martina.suess@wpp.com

Source: WPP

FAQ

What is WPP's new project in Atlanta?

WPP is developing a new Campus in Atlanta's Old Fourth Ward, uniting over 400 employees from various agencies.

When will the WPP Campus in Atlanta be completed?

The WPP Campus is set for completion in the second quarter of 2023.

What amenities will the WPP Atlanta Campus feature?

The Campus will include a 39,000-square-foot conference center and other modern amenities.

Which agencies will be housed in the WPP Atlanta Campus?

Agencies include AKQA, BCW, EssenceMediacom, GCI Health, GroupM, GTB, Mindshare, Verticurl, VMLY&R, and Wunderman Thompson.

What LEED certification is WPP aiming for in Atlanta?

WPP is targeting a 'Gold' LEED rating for the Atlanta Campus.

WPP PLC

NYSE:WPP

WPP Rankings

WPP Latest News

WPP Stock Data

11.32B
215.76M
0%
10.57%
0.14%
Advertising Agencies
Communication Services
Link
United States of America
London