NS currently has headquarters in Norfolk VA, having moved there from the more traditional Southern Railway HQ of Roanoke VA some decades ago.
Quote:curbed.comReport: Norfolk Southern ‘100 percent’ relocating Fortune 500 HQ to Atlanta
If a Virginia newspaper’s unnamed sources are correct, railroad giant and Fortune 500 company Norfolk Southern plans to uproot its headquarters in Norfolk, Virginia and move to Atlanta.
Citing “sources close to Norfolk Southern,” The Virginian-Pilot reports the company has “100 percent” picked Atlanta as its next home base.
Precisely where in Atlanta Norfolk Southern intends to land is unclear, although Atlanta-based developer Cousins Properties recently signed a contract to purchase a 4.1-acre Midtown site that some say would be perfect for the railroad company’s new digs.
Nevertheless, Norfolk Southern is also currently embroiled in the ever-complicated debate over how the City of Atlanta should incentivize Los Angeles-based developer CIM Group to redevelop the 40-acre downtown no-man’s land, the Gulch.
Norfolk Southern owns key land in the Gulch, where CIM Group has been buying property left and right, with plans to inject up to $5 billion in development.
More here:
[
atlanta.curbed.com]