By: E&P Staff Cox Enterprises' trial balloon floating the idea its flagship Atlanta Journal Constitution will move out of downtown has landed.
Cox said the newspaper will relocate from downtown, its home for 141 years, to leased offices recently vacated by Macy's across from the Perimeter Mall area inside the city limits of Atlanta.
The newspaper, which has 850 employees at the downtown location now, occupies less than 30% of the building. Last year it consolidated all printing operations at its Gwinnett County plant.
"We hold corporations and government officials accountable for fiscal responsibility, and we must do the same for ourselves," Journal-Constitution Publisher Michael Joseph said in an article in Tuesday's editions by Joe Guy Collier with contributions from Gertha Coffee. "This move will reduce controllable costs and help the company remain viable and focused on our core mission of journalism, while continuing to serve the community and provide advertising solutions."
Cox said it has no plans to sell the building, but made no further comment on what it intends to do with it.
The paper said it will open a center city bureau and maintain the bureau in the state Capitol downtown.
The Journal-Constitution has been headquartered in its current offices since 1972, and located downtown since 1868, the newspaper reported.
The move to Mall area will begin early in 2010 and will take several months to complete, Cox said.
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