Richard's Real Estate Thoughts: Blue Cross Blue Shield new digs

Blue Cross Blue Shield new digs

Blue Cross Blue Shield new officesBlue Cross Blue Shield of Tennessee is a major employer and corporate citizen in Chattanooga. They are in process of building new offices on Cameron Hill. Construction should be completed by, which should be completed by June 2009.

The new offices should consolidate operations which now take place in 10 different buildings in Chattanooga. The site at Cameron Hill looks over downtown Chattanooga. It is 5 buildings, with a 1 million square foot parking garage.

Cameron Hill has had an important history in Chattanooga. In the 1860's it served as a Union cannon emplacement. In the late 19th and early 20th centuries it was a premier social location. Durint eh mid 20th century it began a decline. In 1962 the top was leveled for development. It had been the site of Cameron Hill apartments since 1975.

In April BCBS announced plans to obtain LEEDS certification for the office complex. This certification program offers 4 levels: certified, silver, gold, and platinum. The new BCBS offices should meet the silver rating level. The announcement in April indicated that there are 9 LEED certified projects in Tennessee. LEEDS certification measurements evaluate sustainable site development, water savings, energy efficiency, materials selection and indoor environmental quality. The certification program is rund by the Green Building Council.

The office construction is being by the Staubach Company, a global real estate firm chaired by Roger Staubach. He spoke at this year's Spirit of Innovation awards on April 16. The project is estimated at $299 millions and will be approximately 950,000 square feet.

Vicky Gregg is president and chief executive office. Blue Cross Blue Shield of Tennessee provides insurance for over 3 million people. It was founded in 1945 and is based in Chattanooga.

Here is a Cameron Hill and construction site image library from the BCBS website.

 Here is an interesting series of photos showing daily progress since the start of construction in May, 2006.

Blue Cross Blue Shield new offices
View of new Blue Cross Blue Shield offices from a hill across town.

Blue Cross Blue Shield new offices
View of new Blue Cross Blue Shield offices from close to the construction site.

Blue Cross Blue Shield existing offices 
Existing Blue Cross Blue Shield offices down town Chattanooga.

 

Richard Smith
American Acceptance Mortgage, Inc
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Richard Smith
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Conventional, FHA, FHA 203k, HUD $100 down purchases, VA, Jumbo VA, Rural Development, Jumbo, FannieMae Homepath, Home Equity Line of Credit (HELOC).
Lending in Chattanooga, Tennessee and Georgia for over 20 years.

Stearns Lending, Inc

Cell phone: 423-280-0345 Email: Richard@HomeLoansChattanooga.com

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This blog represents the opinions of Richard Smith. The posts and comments written on the blog do not represent the opinions or positions of Stearns Lending, Inc. 

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Posted by jsram666 about 1 year ago

Typo on this page:http://activerain.com/blogsview/711628/blue-cross-blue-shield-new-digs-

 The 4th paragraph:  The certification program is rund by the Green Building Council.

Posted by jennie 10 months ago

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