Volkswagen Leases 30,000 Sq. Ft. Downtown Office Space

Volkswagen Group of America announced today that it has signed a lease for approximately 30,000 square feet of office space at Chestnut Tower in downtown Chattanooga. The space will be used for the plant leadership, purchasing and other administrative support functions. Volkswagen will retain its office space on Discovery Drive, which will be reoriented to support positions more directly related to plant construction.

"This announcement is another sign of the continued growth and progress of our Tennessee production facility," said Jill Bratina, director, corporate communications. "Our employee base will grow in the next three to six months and this lease ensures we have the space necessary for our new hires."

"Chestnut Tower is an ideal space for conducting business with the greater Chattanooga community," said Eric Carlson, director of group marketing, real estate and affiliates. "Franklin L. Haney Company has been a fantastic partner and we look forward to a very productive relationship with them in this central and convenient location."

Renovations to the space are currently in progress and Volkswagen expects to move into Chestnut Tower by February 2009.