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Nearly 1M-SF Office Campus Plans Go Public

CHATTANOOGA-Duda/Paine Architects is designing the five-building property that will serve as the headquarters for BlueCross BlueShield of Tennessee. The project cost is estimated at $299 million.

By Melissa Kress | Updated on June 27, 2006

CHATTANOOGA-Plans for the new BlueCross BlueShield of Tennessee nearly one-million-sf office complex in the city’s Cameron Hill section have been unveiled, and a September groundbreaking is being eyed. The estimated project cost is $299 million.

Called New Blue, the five-building property will be set on 12 acres and will serve as BCBST’s new headquarters. The nonprofit health plan will move 4,500 employees from 10 city locations to the site when construction is expected to wrap up in 2009. Turan Duda, design principal of Duda/Paine Architects of Durham, NC, and Roger Staubach, the former football great whose real estate consulting firm will oversee the project, detailed the new campus late last week.

The campus will include four 200,000-sf, five-floor office buildings and a fifth four-floor building that will house amenities such as a dining, training and conference space, a spokesman for Duda/Paine tells GlobeSt.com. The office buildings will face Downtown, with the amenities building situated behind them, he adds.

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