Quote:
Originally Posted by dtnphx
State Farm to build Tempe regional headquarters, bring thousands of new jobs
Kristena Hansen, The Business Journal
Illinois-based State Farm Insurance is planning to build a massive regional headquarters along Tempe Town Lake that is slated to bring thousands of new jobs to Arizona.
I have spoken to multiple sources who confirmed this but wanted to remain anonymous. These sources told me that State Farm will build a roughly 1 million-square-foot regional headquarters campus on a site owned by Scottsdale-based Sunbelt Holdings Inc. where 5,000 to 7,000 employees will be housed.
The site, sources say, is located on the east side of the $50 million luxury apartment project planned by San Diego-based developer OliverMcMillan. It’s just east of the Hayden Ferry Lakeside project near Rio Salado Parkway and Mill Avenue.
Ryan Cos. has been picked to build the State Farm project, sources told me. There was no information available as to how much the project would cost or when it would be built, but sources say all parties involved want to “move fast.”
State Farm has apparently been searching for a site in Arizona for the past several months and recently narrowed it down to the Sunbelt Holdings site in Tempe.
John Graham, president and CEO of Sunbelt Holdings, declined to comment Monday morning when I reached out to him.
John Strittmatter, president of the southwest region for Ryan, did not respond to my email and phone call Monday morning.
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Hi guys,
I just got a job with State Farm in Tempe so I can shine some light on this. They are currently located in two locations in Tempe one near priest and southern the other at priest and Washington.
They recently announced the creation of regional hubs in Dallas, Atlanta, Phoenix and Tacoma. Yes there will be thousands of employees (so they say) but that is over the next five years, they are consolidating dozens of offices from around the US and Canada into the hubs so it wont be over night.
I work at the priest and Washington location and I know they have hired over 500 employees and have moved several dozen out of state managers in supervisors into the city over the last few months. And will continue into the summer.
The priest and southern location has a new lease that is going to last for the next 2.5-3 years (depending on whenever they did sign it) So they may yet still decide to move downtown instead of building a campus.
So far they seem like a great company and they officialy have said the hubs will have several thousand employee's so look forward to State Farm being a major phoenix employer!
One of their main desires is to be close to light rail, but they also want to draw from the ASU graduate pool which is why they are in Tempe.
But they have a ton of money so I will do everything I can to convince them to build a tower downtown. !!!!!