The new facility will be called the Library Service Center (LSC).
From the Atlanta Journal-Constitution:
The State Properties Commission approved this week a grant of a 65-year lease of property for a library services center jointly operated by Emory University and Georgia Tech.
The Development Authority of DeKalb County previously agreed to issue $26.5 million in bonds to finance construction of the library center on the site of nearly 6 acres, which will be leased by EmTech, a collaboration of the two institutions.
From a Georgia Tech Web Page:
The majority of the Georgia Tech Library’s collection will be housed in the LSC, freeing up valuable space in the Price Gilbert Library and Crosland buildings for student and faculty use. The LSC facility will be located on Emory’s Briarcliff property and it will be accessible to both Georgia Tech and Emory users. Additionally, a Reading Room will offer a comfortable setting in the LSC to browse and use materials.
Learn More About the Emory/Georgia Tech Partnership