Anthem tech hub to anchor new Midtown Atlanta tower near Georgia Tech


The parent company of Blue Cross/Blue Shield plans to move the Atlanta technology hub it announced last year to a new Midtown office tower near Technology Square.

Health insurance giant Anthem said in a news release Thursday the company will anchor a 21-story office tower by developer Portman Holdings at 4th and West Peachtree streets that should open by 2020. Anthem made waves last October when it announced plans to put a software center in the city’s tallest tower, Bank of America Plaza, and add 1,800 jobs.

“This new investment is a critical part of the Tech Square expansion and delivers on the commitment we announced last year to grow our IT footprint in Atlanta and the state,” Jeff Fusile, president of Anthem’s affiliated Blue Cross and Blue Shield health plan in Georgia said in the release. “When this building opens in 2020, it will join the City’s dynamic line-up of technology companies, enabling us to tap into the area’s highly skilled talent pipeline.”

The new Midtown tower will offer the company room for potential future expansion to 3,000 IT professionals, a spokeswoman said.

The announcement puts another blue-chip name on the doorstep of Georgia Tech.

Last month, the board of Invest Atlanta approved a $5 million tax break for Portman for the $105 million tower. At the time, officials said the project included new jobs for the region but declined to identify the tenant.

“Portman Holdings is excited to collaborate with Anthem to create a dynamic and collaborative work space,” said Ambrish Baisiwala, CEO of Portman Holdings. “Located in Technology Square and adjoining CODA, this new development speaks to the draw of Technology Square in bringing together talent, technology, innovation and commerce.”

MYAJC.COM: REAL JOURNALISM. REAL LOCAL IMPACT.

AJC Business reporter J. Scott Trubey keeps you updated on the latest news about economic development and commercial real estate in metro Atlanta and beyond. You'll find more on myAJC.com, including these stories:

Never miss a minute of what's happening in local business news. Subscribe to myAJC.com.



Reader Comments ...


Next Up in Business

Atlanta’s Phipps Plaza makeover plan shifts into overdrive
Atlanta’s Phipps Plaza makeover plan shifts into overdrive

The reinvention of Phipps Plaza into a mixed-use entertainment and shopping complex has been in the works for more than a decade. But the announcement Tuesday of a $200 million-plus expansion, including a flagship Nobu hotel and restaurant, will take that the makeover to a new level, officials with mall owner Simon hope. In Nobu, Phipps will add a...
4 of the best ways to turn your home into a cash cow
4 of the best ways to turn your home into a cash cow

Your house is a large expense with many associated costs like a mortgage payment, insurance, maintenance and more. It provides a roof over your head, of course, but since it usually costs you money each month, why not put it to work for you and earn some cash in the process? The following are four ways your house can make you money: If you're planning...
6 things to know about working for Uber
6 things to know about working for Uber

Uber has been making headlines in recent months for everything from a new CEO to industry regulation. But if you want to work as a driver for the service that revolutionized the taxi-transport industry, there is more important information about Uber you'll want to check out. Here are six things you need to know about Uber before working for them...
Kempner: Arthur Blank only cautiously bets on soccer fans in Gwinnett
Kempner: Arthur Blank only cautiously bets on soccer fans in Gwinnett

Atlanta United proved that a shockingly large number of metro Atlantans are willing — anxious even — to pay good money to go wild at pro soccer games. But a top official for owner Arthur Blank is toning down expectations as they press their luck and dig deeper into the world’s most popular sport. The organization, which also...
Traveling during the holidays? Navigate Atlanta's airport like a pro with our guide
Traveling during the holidays? Navigate Atlanta's airport like a pro with our guide

It’s time for the holiday rush at Hartsfield-Jackson International Airport. Check out the latest developments for travelers, so you can navigate the Atlanta airport like a pro. Road construction. The airport has launched a $6 billion plan to modernize the terminal and expand the airport. Watch for road closures outside the domestic terminal...
More Stories