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Healthcare Company is Recommitting to Maryland Headquarters

Healthcare Company is Recommitting to Maryland Headquarters
A healthcare company in the Mid-Atlantic region has just announced renewed 15-year lease with Corporate Office Property Trust for its Maryland headquarters.
  • Post category:News

A healthcare company in the Mid-Atlantic region is announcing to renew its 15-year lease with Corporate Office Property Trust for its Maryland headquarters. CareFirst BlueCross BlueShield (CareFirst) is the company for a not-for-profit and the largest healthcare company.

Healthcare Company is Going to Maintain Dual Headquarters

CareFirst is going to have dual headquarters in Maryland and in another East Coast state. Moreover, this is part of the organization’s workforce and workplace strategy. The Maryland hub is going to stay in downtown Baltimore City at Canton Tower by the harbor. In fact, the decision is to stay in the Canton neighborhood does reflect the company’s ongoing dedication. Thus, it would pertain to the health, wellbeing, and economy of the Greater Baltimore Region plus its residents.

Major Commitment to Workforce and the City’s Residents

CareFirst’s real estate investment does reinforce its significant and long-term commitment to its workforce and the city’s residents. The company is one of the largest employers in Baltimore City and the state of Maryland. In fact, it will retain the seven floors of the Canton Tower. The investment does total over 214,000 square feet. Also, the renovations to every floor are underway. They will set up physical space to support the company’s transformation agenda. Plus, better enable collaboration, flexibility, efficiency, and personal wellbeing. In late 2022, the offices are to be reopened.

Moreover, there is going to be more open space for employee interaction, team connections as well as innovation. This will include a workspace and a model clinic for 1501 Health to support the early-stage healthcare startups. There is a re-designing first floor. It is going to allow CareFirst to provide in-person services for members and the people. They come from the community. It is along with the space for events to then turn to promote health education and wellness.

“Plus renewing our lease in Canton will mark an important milestone in CareFirst’s future-ready, hybrid workforce strategy,” said Angela Celestin. Celestin is the Chief Human Resources Officer for CareFirst. “Moreover, it does define a physical space to support connection points for coworker collaboration as well as employee health and well-being, and to the work with the communities we serve.” 

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