Posts Tagged ‘NS headquarters’

NS Opens Atlanta Headquarters Complex

November 12, 2021

Norfolk Southern opened its new headquarters in Midtown Atlanta on Thursday with a ribbon cutting ceremony.

The Class 1 railroad is housed in a 750,000-foot building in Tech Square that sits on 3.4 acres.

The complex features two steel and glass towers equipped with touchless technology, open work spaces, street-level plazas and roof-type terraces.

There is a food hall, coffee shop, 24-hour fitness center, and on-site daycare.

NS had been based in Norfolk, Virginia, since 1982 when it was created by the merger of Norfolk & Western and the Southern Railway.

NS Expected to Open Atlanta HQ in September

January 9, 2021

Norfolk Southern expects to move into its new Atlanta headquarters in September.

James Squires

NS CEO James Squires said this week that construction of the facility is well under way in midtown Atlanta.

Work on the new headquarters began with a groundbreaking ceremony in March 2019

NS is currently headquartered in Norfolk, Virginia. The move to Atlanta was announced in December 2018.

Speaking to the National Railroad Construction and Maintenance Association, Squires also predicted the economy will recover from the COVID-19 pandemic during the second half of 2021.

“It’s the darkness before the dawn right now,” he said. “The pandemic is still raging, and we are continuing to make the maximum effort to protect our front-line employees in ways that will keep them safe.”

Squires said that as COVID-19 vaccines become more widely available he expects to see a big pickup in freight traffic volume.

“I’m optimistic that in the second half of the year, we expect to see a great deal of activity,” he said.

NS Sells Headquarters Building in Norfolk

June 26, 2020

The headquarters building for Norfolk Southern in Norfolk, Virginia, has been sold.

The carrier sold the building to TowneBank and Children’s Hospital of the King’s Daughters.

NS plans to move its headquarters to Atlanta but will continue to have some offices in the Norfolk building through 2021.

The former NS headquarters building will be named after TowneBank, which is based in Suffolk, Virginia. The structure had been named Norfolk Southern Tower.

The bank and the hospital company each plan to occupy 10 floors of the 21-story building. Terms of the deal were not disclosed. NS has had offices in the Norfolk building since 1988.

NS, CSX To Take it Slow in Returning to Offices

April 25, 2020

Norfolk Southern and CSX have indicated that as some states have begun to ease social distancing orders that led to widespread business closures, they are in no rush to return employees back to their offices.

A CSX spokesman told Trains magazine that it is still evaluating the COVID-19 pandemic.

“As the national conversation turns toward incremental reopening of the economy, we are prepared to respond when traffic volumes begin to recover and stay-at-home orders begin to ease,” the spokesman said.

“Although most of our employees have been able to report to work as usual, we are carefully developing plans to reopen our offices. As government regulations allow, we will take a measured approach to reopening while ensuring the safety of our employees. Our pandemic response task force is constantly monitoring the situation and will oversee the process as it unfolds across our system.”

CSX is headquartered in Jacksonville, Florida, and dispatches all of its trains from there.

It has established satellite dispatching offices around Jacksonville should the need arrive to spread out dispatchers.

NS continues to be based in Norfolk, Virginia, but has moved some offices to Atlanta as part of the transition to making that city its headquarters.

That included a centralized dispatching office that opened in 2018.

The railroad has said it will continue to follow recommendations from the federal Centers for Disease Control and Prevention.

NS Eyes Building HQ Building in Midtown Atlanta

November 13, 2018

Norfolk Southern has proposed building a new headquarters bulding in Midtown Atlanta.

Documents released by Invest Atlanta, the city’s economic development agency, show that NS is considering creating a facility of 750,000 square feet of office space and a daycare center for employees’ children.

The cost of the building was put at $575 million. NS, which has operational headquarters in Atlanta, said relocating its corporate headquarters from Norfolk, Virginia, would create 850 new jobs to go with the 2,025 employees it already has in Atlanta.

The building would be located at West Peachtree Street at Ponce de Leon Avenue and Third Street.

The Atlanta City Council has approved up to $1.9 million in public financing to CIM Group, a California developer, to redevelop an area known as the Gulch area of downtown Atlanta.

NS owns 16 acres in the Gulch, which consists of parking lots and rail lines and it selling its Gulch properties to CIM Group and using the proceeds to invest in its new headquarters.

NS Seen as Likely to Move HQ to Atlanta

October 24, 2018

Norfolk Southern appears poised to moves its corporate headquarters to Atlanta a video made by CEO James Squires suggests.

The Virginian-Pilot of Norfolk said the video is intended for employees, but has not been posted on the NS website.

NS is currently based in Norfolk, but has numerous offices in Atlanta, including its operational headquarters.

Reports have circulated for more than a month that NS is eyeing moving from Norfolk to Atlanta, but the company has declined to confirm it is considering that other than to say it is developing a new long-range plan with several options, including the “possibility of consolidating headquarters into a single location.”

That statement did not describe any locations.

The Norfolk newspaper said the video featuring Squires “makes clear that an Atlanta move is now front-and-center,” with a potential timetable in place for when employees would make the move.

“We are considering the consolidation of our Norfolk headquarters into Atlanta, but only if many aspects can be resolved to make sense for Norfolk Southern, its shareholders, and its employees,” Squires said in a statement containing a link to the nearly five-minute video.

NS HQ Decision Expected Soon

October 4, 2018

Norfolk Southern expects to make a decision soon on moving its corporate headquarters to Atlanta from Norfolk, Virginia.

Norfolk Mayor Kenny Alexander said his understanding is that “a deal has already been struck.”

The Virginian-Pilot of Norfolk cited “unnamed sources close to Norfolk Southern” as saying that moving the headquarters to Atlanta is only a matter of time.

However, if NS plans to move to Atlanta it faces potential obstacles over a controversial real estate deal that must be approved by the Atlanta City Council.

NS owns property in the Gulch neighborhood of downtown Atlanta and stands to benefit from a proposed $1,75 billion in public financing toward an estimated $5 billion development plan.

Georgia Gov. Nathan Deal has said NS will only move its headquarters to Atlanta if it sells the property in question.

In the meantime, the railroad has been reported to be looking in Atlanta for a suitable building to house its corporate headquarters that it would pay from the proceeds of the Gulch neighborhood property.

News reports indicated that NS had told Atlanta officials that it wanted to see the Gulch property before releasing its third-quarter earnings report.

NS has said little about the situation other than releasing a statement that it is in the process of developing its next long-range plan and considering many courses of action, including the possibility of consolidating headquarters into a single location.

Norfolk has offered NS city-owned property for a new headquarters site that is close to the railroad’s current headquarters building.

Virginia officials have raised the prospect of millions in state dollars for new job incentives.

NS CEO James Squires met earlier this week with Virginia’s Secretary of Commerce and Trade and head of the Virginia Economic Development Partnership.

In Atlanta, the development of the NS property in the Gulch neighborhood is strongly opposed by community advocates, who have called it a giveaway of tax revenue needed for education and other public services.

NS has 2,800 employees in the Norfolk region and more than 4,700 in Georgia.

NS operating headquarters are in Atlanta and the carrier is in the process of moving all of its dispatcher there by the end of the year. NS is also consolidating its operating divisions.

 

Norfolk Fears Losing NS Headquarters

September 13, 2018

Virginia officials have expressed alarm at the prospect of Norfolk moving its headquarters from Norfolk, Virginia, to Atlanta.

NS employs 500 in downtown Norfolk and, of course, the city is a major part of the railroad’s identity.

Some have noted, though, that another part of that identity, the Southern Railway, was traditionally headquartered in Atlanta.

As it is, NS employs 1,900 at the Goode operations building in Atlanta where NS has long housed members of its operations and engineering departments.

If NS were to move its corporate headquarters to Atlanta that would mean as many as 1,400 new jobs, although not all would come from Norfolk.

Losing the NS headquarters would cost Norfolk more than prestige.

“Norfolk Southern is a great corporate citizen, and although the majority of their employees are in Atlanta, they have employees all across the nation, and they continue to have a very strong presence in Hampton Roads as a major employer, Fortune 500 company and corporate citizen,” said Norfolk Mayor Kenny Alexander. “To lose any part of that would be devastating to our community.”

James Koch, an Old Dominion University economist, said losing NS “would constitute a body blow to the regional economy and especially to Norfolk.”

Koch noted that NS has steadily been moving some senior employees to Atlanta so there has been speculation for some time that a relocation of the headquarters might be coming.

“‘Well-paid individuals would depart. It would also result in a significant decline in regional charitable contributions, memberships, civic participation, and a noticeable decline in restaurant and entertainment patronage as well,” he said.

NS has been coy about its plans.  “Norfolk Southern is in the process of developing its next long-range plan,” said NS spokesperson Susan Terpay.

“That effort is considering many courses of action, including the possibility of consolidating headquarters into a single location. Our long-range plan is complex and will take time to develop, and Norfolk Southern will publicize our plans and decisions when appropriate. Until then, our focus will be on the plan’s development.”

NS once had a significant office presence in Roanoke, Virginia, but in 2015 it began moving employees from that office to Norfolk and Atlanta and closed it 203,000-square-foot Roanoke office building.

NS May Move HQ to Atlanta

September 11, 2018

Norfolk Southern may move its headquarters from its namesake city to Atlanta.

News media reports said NS already has a large regional office in Atlanta and if the rest of the corporate offices are moved there it would result in the transfer of 1,000 jobs.

NS sources have indicated that moving the headquarters out of Norfolk, Virginia, is being considered but no decisions have been made.

“Our long-range plan is complex and will take time to develop, and Norfolk Southern will publicize our plans and decisions when appropriate. Until then, our focus will be on the plan’s development,” railroad officials said.