Atlanta developer Holder Properties broke ground Thursday on a $25 million office and research center at USC where students will work beside professional researchers to improve data analytics and education.
The five-story, 110,000-square-foot building going up at the corner of Blossom and Assembly streets will house the IBM Center for Applied Innovation at USC, and is slated to open in the spring of 2016.
The IBM Center for Applied Innovation is a partnership between USC, IBM and Fluor, and is designed to handle a range of services, USC officials said Thursday.
“Through this partnership, the university is becoming the first client of this center,” Wes Hickman, the university’s spokesman said.
About 100 enterprise applications formerly handled in-house with USC employees are to be handled in the center’s temporary location, but re-locate to the new facility next spring, Hickman said. “As a part of this deal, IBM re-badged about 60 USC employees that are now IBM employees, so they have transitioned into the private sector.”
The newly-converted IBM employees are handling applications such as the software that makes up the backbone of the university’s digital administration, including personnel and accounting practices, Hickman said.
None of the partners in the public-private complex released new details about the operation Thursday.