Global insurer AXA adding 550 workers at Innovation Park

Global insurer AXA adding 550 workers at Innovation Park

Four years after opening its University City offices, global insurance company AXA announced on Tuesday, May 9, that it will add 550 jobs over the next five years to make Innovation Park its largest operations center in the U.S. “With this announcement, AXA affirmed that University City is a superior business center with the highest quality and value,” said Darlene Heater, executive director of University City Partners. “We are proud that AXA said yes to Ucity and are honored to have their 1,000+ employees’ contributions to our community.” A statement from N.C. Gov. Roy Cooper said that the company plans to invest approximately $18 million to expand its current location in University City’s Innovation Park, making it AXA’s largest location in the U.S. The U.S. Corporate Headquarters for the company will remain in New York City.   Healthy environment for businesses and their employees “Financial services companies like AXA have found a fertile environment for their operations in the Charlotte region, where they can attract talent and grow their business,” said Gov. Cooper. “We’re glad that this global financial protection company will be expanding again and establishing a regional headquarters in our state.” Heater also emphasized the high priority that both UNC Charlotte and University City Partners put on attracting and developing a highly skilled workforce and nurturing a vibrant community for businesses and their employees. “We look forward to continuing to serve AXA and all of our businesses in University City by strengthening partnerships with UNC Charlotte, ensuring that talent is accessible and qualified, and planning and advocating for infrastructure investments that support our community’s growth and well-being,”...
GoHealth bringing 500+ jobs to University Research Park

GoHealth bringing 500+ jobs to University Research Park

Chicago-based GoHealth, a major health insurance technology and services platform, recently announced the opening of its newest office – in University Research Park. The company has leased space in Environmental Way, a LEED-certified office building at 1000 Louis Rose Place. The office opening will bring about 525 jobs to Charlotte during Open Enrollment, including licensed health insurance and Medicare agents. An estimated 100 more jobs are expected to come in 2017. GoHealth chose Charlotte “due to the impressive candidates in Charlotte and the neighboring community,” said CEO Clint Jones. “By opening this new office, we continue to invest in technology, our customers, and most importantly, our employees.” About GoHealth GoHealth is a Chicago-based company that powers GoHealthInsurance.com, a private health insurance marketplace that has helped millions of consumers shop for coverage. Working with 300 health insurance companies, GoHealth enables consumers to easily compare and shop for a variety of brand-name health plans. GoHealth provides plan recommendations and enrollment support by phone and online at no cost to consumers. Benefits to Charlotte and NC A GoHealth spokesman said that the enthusiasm surrounding this project from the city and its leadership were instrumental in determining GoHealth’s new location. NC Insurance Commissioner Wayne Goodwin said that Charlotte will benefit from GoHealth’s new Charlotte office and employment opportunities. “Charlotte continues to see immense economic growth, and GoHealth’s choice to invest in North Carolina means even more opportunity for our talented residents,” Goodwin said. Applications being accepted online GoHealth was recently included in the Top 100 Digital Companies, 101 Best Places to Work, and the Deloitte Technology Fast500, recognitions given for commitment to environmental and employee excellence....
Survey offers strong support for town center at University Place

Survey offers strong support for town center at University Place

A new survey offers surprising and encouraging results about the potential for development near the Clay Boulevard light-rail station, says Tobe Holmes with University City Partners. Among the surprises: Demand for 3-bedroom housing is “off the map,” and the highest income group in Charlotte is couples with one person working uptown and the other in University City. “I think it shows the power of University City being Charlotte’s second largest employment center, and the high quality of its employers,” said Holmes, UCP’s planning and development director. Both those numbers and a wealth of other data from the survey and other sources will help shape a development plan for the half-mile area around the JW Clay Boulevard Station and 800-space parking deck beside University Place. University City Partners and six major property owners are creating the development plan for the area within a 10-minute walk of the light-rail station – ground zero for transit-oriented development in most parts of the country. The line between UNC Charlotte and uptown begins operation next summer. Can this be our city center? While the city of Charlotte can create incentives to encourage growth, the ultimate creators of a future town center will be the major property owners, private developers and investors – if they see the potential for profit. The plan seeks to assess the best possibilities success and offer ways to maximize the potential development over the next decade by finding the ideal mix of shops, restaurants, offices, community services and housing – since each component affects the others. Highly positive survey findings What sorts of development might Charlotte residents support now and...
Red Ventures brings jobs, investment to URP

Red Ventures brings jobs, investment to URP

The rapid growth of Fort Mill-based tech company Red Ventures is bringing jobs and investment here, too. Red Ventures recently announced it will add 500 employees and invest $5 million on offices and equipment at Cambridge Corporate Center. On a related note, 16-year-old Red Ventures was recently valued at $1 billion. Red Ventures specializes in telemarketing for brands including Verizon and DirecTV. More than 2,000 people work at the Red Ventures headquarters just south of Ballantyne in Indian Land, SC. The company expanded to University Research Park in 2013, when it opened an information technology and customer-service facility at the Environmental Way building. More than 500 people work there now, and Red Ventures had already committed to adding 257 additional employees before the latest expansion was announced late last fall. Red Ventures has committed to hire 500 additional workers and invest more than $5 million on office upgrades and equipment at newly leased space in the Cambridge Corporate Center. The Charlotte City Council and Mecklenburg Board of County Commissioners recently approved $271,000 in Business Investment Grants for the Red Ventures Expansion. The state of North Carolina also approved $2.65 million in tax incentives over the next five years. Red Ventures said it chose the University City location over other competitive offers in South Carolina and Maine. The company said the new jobs – in the areas of software development, data analysis, information technology, corporate support, sales and executive leadership – will have an average annual wage of about $49,000. Founded in 1999, Red Ventures recently surpassed $1 billion in value, the Charlotte Business Journal reports. A report to the...
We’re rolling into 2016 with strong employment growth

We’re rolling into 2016 with strong employment growth

More than 1,000 jobs appear to be coming to University Research Park and UNC Charlotte, based on announcements by Red Ventures, TTI Floor Care North America, Republic Services and Sealed Air Corp. Red Ventures alone said it will bring 500 workers to its new offices at Cambridge Corporate Center, where it leased 97,599 SF in July. Red Ventures Marketing and technology firm Red Ventures announced last week that it will add 500 jobs to its University City offices, a move that almost doubles employment there. The Charlotte Chamber said the company will lease space in Cambridge Corporate Center at 10101 Claude Freeman Drive in the University Research Park for its Charlotte expansion. Red Ventures will invest more than $5 million in building improvements and equipment. Red Ventures leased 97,599 SF at Cambridge Corporate Center in July. Cambridge Corporate Center is a 339,000 square foot office center located in the heart of the University Research Park (URP). Red Ventures already employs more than 500 URP’s Environmental Way building on Louis Rose Place. Founded in 2000, privately held Red Ventures has is headquarters just south of Charlotte in Indian Land, S.C. The company employs more than 2,800 people and plans to add software developers, analysts, information technology specialists and sales agents. TTI Floor Care North America TTI Floor Care North America, maker of Hoover, Dirt Devil/Royal and Oreck floor-care products, has leased 60,000 sf at Innovation Park. The company announced in July that it will open a Center for Marketing and Innovation in Charlotte, creating 200 jobs in Charlotte over the next two years and investing up to $5 million. TTI...

New economic development report chronicles University City’s great year

University City Partners has released its first Economic Development Report, putting an exclamation mark on a year of positive announcements. The report details 61 public and private construction and renovation projects either under way or announced in the last 12 months within the University City’s Municipal Service District, plus 10 large property sales. Totaling $2.4 billion, the projects range from the transformative LYNX Blue Line Extension and I-485 completion to the headquarters expansions at Electrolux and Rack Room Shoes. “This compilation demonstrates the economic vitality of this marketplace,” said UCP Executive Director Darlene Heater. District 4 City Councilman Greg Phipps added, “This gives you the opportunity to see the interest in this corridor and the Municipal Service District. As the economy improves, it should portend even more development and activity up this way.” Report reflects strong year for University City The 2013-14 Economic Development Report provides a trailing 12-month view of public and private development projects within the 4,800-acre University City Partners district in northeast Charlotte, N.C. The district includes UNC Charlotte, a state university with nearly 27,000 students; the 2,200-acre University Research Park, with more than 30,000 employees at scores of businesses; and surrounding office and retail centers. The district is the economic center of Charlotte’s University City, home to more than 160,000 people. The last year has had plenty of good economic news for University City. Many of those announcements are reflected in this report, such as approval of a light-rail line from Center City to UNC Charlotte; Allstate’s decision to relocate 1,200 employees to Innovation Park; and Rack Room Shoes’ decision to relocate the headquarters of...