Norfolk Southern and developer Cousins Properties recently launched construction on the railroad giant's new headquarters along West Peachtree Street just south of the Portman buildings.
For Anthem, the parent company of Blue Cross/Blue Shield, this will be the second tower it will lease from Portman at Tech Square. In October 2017, Anthem said it would move the technology center it announced in Midtown a year earlier to 740 West Peachtree Street.
At 740 West Peachtree, Anthem said it will have room for 3,000 information technology and software development professionals.
In a statement, Anthem said it will consolidate its Buckhead and downtown operations into the new 712 West Peachtree building.
“We have announced some future changes to our Atlanta-area office locations that will enable us to provide improved worked environments for our employees and enhance our strong collaborative culture, as we focus on creating a better health care experience for the communities and customers we serve,” the company said in a statement.
Anthem’s plans to occupy the second tower were first reported by Atlanta Business Chronicle.
Tenants, including Georgia Tech, recently started moving into the Coda tower, which will hold its formal opening in the coming weeks. The 740 West Peachtree tower is expected to open in 2020 and its sibling at 712 is scheduled to open the following year.
“We are pleased to commence the construction of a third office tower on West Peachtree, adjacent to the Anthem Technology Center and Coda Tech Square,” Ambrish Baisiwala, Portman Holdings CEO, said in a news release. “712 West Peachtree continues a legacy of creating vibrant and innovative work spaces and our continued investment in Midtown Atlanta.”
The three Portman Holdings towers are designed by John Portman & Associates, the architectural arm of the empire founded by late legendary Atlanta architect and developer John C. Portman Jr.
Anthem will occupy about 85 percent of 712 West Peachtree and the entirety of 740 West Peachtree. The two towers will share lobby space and an eighth-floor outdoor terrace, the news release said.