Executive Corner: GPTC’s Preisinger On the Emory Proton Therapy Center

Friday, August 4, 2017

Ashley Preisinger, President of the Georgia Proton Treatment Center, recently visited Invest Atlanta’s Executive Corner to discuss the benefits of proton therapy treatment, why they chose to build a facility in Midtown Atlanta, and how Invest Atlanta and the City of Atlanta have supported this effort. Take a look:

In July, the Emory Proton Therapy Center’s cyclotron arrived in Atlanta and was loaded into the facility. A 78-wheel truck towing a 210-foot trailer was necessary to bring the 90-ton proton accelerator on its 250-mile journey from Savannah to Atlanta.

Once complete, the Center will treat 35,000 cancer patients over the next 20 years using a highly-advanced form of radiation therapy. The new facility will be part of North Avenue’s expanding medical technology district, further solidifying the City of Atlanta’s reputation as a global healthcare destination. It will also bring 128 permanent medical jobs and $500 million in projected economic impact to Midtown.

Invest Atlanta provided the support necessary to make the project a reality. Our Board of Directors passed the issuance to $400 million in tax-exempt 501(c)(3) bonds, with proceeds going toward final construction costs and refinancing the project’s existing debt. On June 28, 2017, the board approved the final bond pricing.