Independent Healthcare Properties, LLC/Morning Pointe, an Ooltewah-based assisted living and Alzheimer’s care provider, will re-locate its new corporate headquarters to Cambridge Square — an upscale, mixed-use community now under development in Ooltewah. Cambridge Square is located on 130 acres at the corner of Ooltewah/Georgetown Road and Lee Highway.
Morning Pointe is constructing a $1.
5 million, 10,000-square-foot corporate office building which will house 30 of the company’s administrative employees who support Morning Pointe’s more than 800 professionals working in 20 facilities across five states.
“We are thrilled to welcome Morning Pointe to Cambridge Square,” said David Belitz, CEO of The Lupton Company, a development partner in the project. “Announcing our first office building is a significant milestone, but teaming with such a strong, local company makes it that much more rewarding. They are headquartered here, and they have remained very active in the greater Chattanooga area for many years.”
Morning Pointe provides comprehensive assisted living, personal care, and Alzheimer's memory care since 1996. The company operates locations in Tennessee, Georgia, Alabama, Kentucky, and Indiana. Their Lantern Alzheimer's Memory Care Center of Excellence program was specifically designed for persons living with Alzheimer’s or other memory care disorders.
“From our inception 16 years ago, Morning Pointe has taken great pride in being a community-based provider,” said Greg Vital, founder and president of the company. “Our decision to stay headquartered in Ooltewah was a not a difficult one, and the addition of a mixed-use community like Cambridge Square made it all the more exciting to take this next step. We’re proud to be the first in the door.”
Cambridge Square is in the process of bringing new dining, entertainment, retail, and class-A commercial office opportunities to Ooltewah. Its design, walkability, architectural standards, and blend of tenants will establish a modern mixed-use presence in Hamilton County’s fastest growing region.
“Ooltewah is the new gateway to the city of Chattanooga,” said Mr. Vital. “It is quickly becoming an important economic engine for our greater community. This is an underserved, yet rapidly growing business-center market. We’re glad to be in on the ground floor.”
In the last decade, Ooltewah has attracted the attention of both international and national powerhouse companies such as VW and Amazon. The migration of these corporations has instilled a sense of revitalization and forward thinking in the local business community.
“Chattanooga is positioned to do great things,” said Mr. Vital. “Communities like Cambridge Square reflect a city that is evolving culturally and fiscally. We look forward to playing our part.”
Stormwater infrastructure, roadways and the iconic, traditional Southern square itself are currently being installed. The projected delivery of the full square is fall 2012. Several area businesses have signed letters of intent to begin filling restaurant space around the square, which will serve as the hub of the community.
“We are fortunate in that we have the ability to build on a vision,” said Mr. Belitz. “The intention of Cambridge Square is to have something for everyone, and we see the energy to drive that level of activity coming from the square itself. We’re very excited to be leading a project that has positive long-term possibilities for Ooltewah and the surrounding communities.”