We are pleased to announce that HealthSpring, a leading Medicare Advantage plan, has executed a lease for Phase II of its MetroCenter office campus.
The 75,000-square-feet, one-story building at 530 Great Circle Road will be built under the terms of the existing long-term commitment HealthSpring signed in 2010, and is where the company plans to consolidate employees from two of the three buildings the company currently occupies in MetroCenter. We broke ground on Phase I of development in last September.
Phases I and II of the project total 175,000-square-feet of office space and 997 parking spaces. The development sits on 21.10 acres overlooking Amulet Lake.
Phase II construction will be designed for general office use. The building will be a mirror image of Phase I. A connecting courtyard between the two buildings will serve as an inviting public space where employees can gather for lunch and meetings.
Phase I of development is slated to be complete in July, with Phase II construction completing May 2012. Once finished, less than 50 acres of MetroCenter’s 650 total usable acreage will remain undeveloped.
With the completion of this project, we will have developed approximately 450,000-square-feet of office space in MetroCenter within the last six years.