Optima Health will become the second tenant for a city-owned property on Military Highway in Norfolk.
The Virginia Beach-based health insurance company plans to hire 200 employees at the facility at 880 North Military Highway. The new positions will support a statewide contract with the Commonwealth of Virginia.
The first tenant announced for the property was Movement Mortgage.
Three years ago, the city bought nearly 16 acres, including a former JCPenney department store and surrounding parking spaces, along the Military Highway Corridor.
The city spent $18 million renovating the site, creating 135,000 square feet of new office space.
The city said that two tenants, Movement Mortgage and Optima Health, will house more than 1,000 employees at the property.