[IMGCAP(1)]RICHARDSON, TX-After one year of hard work andplanning, Koll Development Co. is ready to break ground on aone-million-sf campus, expandable to 2.3 million sf, for Blue Crossand Blue Shield of Texas. The starting bell rings Thursday at the34-acre corporate headquarters site.

Blue Cross and Blue Shield signed the build-to-suit lease latelast year. Koll acquired the development site at 1001 E. LookoutDr. in Galatyn Park in the past two months. “We've had a lot ofwork to do. It's been a great team effort and we're looking forwardto starting construction,” says Tobin Grove, president of theDallas-based Koll, whose company will own the completed campus. Theceremony is set for 10 a.m.

Grove tells GlobeSt.com that the 15-story and seven-story classA office towers and six-level parking garage will begin to govertical in early 2008. Delivery is planned for fourth quarter2009, with Blue Cross and Blue Shield transitioning into the spacein early 2010.

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