Cousins Properties is developing the 16-story, 420,000-sfbuilding. The estimated hard construction cost is $63 million. Coxwill also build a 90,000-sf attached commons building, which willinclude a glassed entry rotunda, cafeteria, 11,000-sf fitness area,conference and training center, auditorium, and museum.

The property, purchased by Cox from Equitable Life AssuranceSociety in August 1999, is zoned to accommodate office space beyondthe current project. The building is scheduled for completion inFebruary 2002 when the first phase of employee movein willbegin.

The relocation should be completed by July the same year. Themovein will affect 690 employees. The tower will house 1,030workers. The new building will serve as headquarters for CoxEnterprises and other Cox-owned businesses, including CoxBroadcasting, Cox Newspapers and Manheim Auctions, the auto auctioncompany.