Blue Cross Blue Shield I
Office | Columbia, South Carolina
248,410 sq. ft. | $65,000,000
This single tenant, 348,410 square foot, $65M build-to-suit was developed for Blue Cross Blue Shield in Columbia, South Carolina. The simple yet highly functional design initially consisted of two wings attached to a central core forming an “L” shaped. Early in the project BCBS decided it needed more space so the third wing was built, and the shape now formed a “T.” Despite the increased building size, no schedule extensions were granted, and the project completed as originally scheduled. Because of existing wetlands, the South Carolina Department of Health and Environmental Control, the U.S. Army Corp of Engineers, the South Carolina Department of Natural Resources, and the U.S. Environmental Protection Agency each had sets of regulations that needed to be complied with. Chris Nash led the effort that obtained the necessary permits in six weeks— a process that normally took six months
Despite an aggressive schedule, a site laden with wetlands and poor soil conditions, the project was delivered under a fast track schedule with just 5 pages of punch-list items delivered at Substantial Completion. Built into the budget was a contingency of $4.5M to account for the site challenges and as relief funds in the event the schedule needed to be accelerated. With an “out of the box thinking” approach to attacking the below ground conditions, at conclusion of the project $2.5M remained in the contingency fund of which only $110,000 was allocated to expediting the schedule. At conclusion, the project returned a profit of 15%.
The project was developed or constructed by principals of Raymond Engineering prior to founding the company