MetLife Celebrates Grand Opening of RTP Technology Hub, Meets Significant Hiring Goals
- Jun 25, 2015
By Adriana Pop, Associate Editor
Good news for Cary: on June 22, MetLife held a ribbon cutting event for its new Weston Lakefront global technology campus in the Research Triangle area of North Carolina.
The new 26.5-acre Cary campus, which broke ground in 2013, consists of two seven-story, 213,500-square-foot office buildings overlooking a terrace fronting Lake Crabtree. It was developed by Highwoods Properties and designed by Rule Joy Trammell + Rubio of Atlanta and Studios Architecture of Washington, D.C.
The facility, which targets the highest LEED certification for environmental sustainability, also ranks as the least costly new administrative office space MetLife operates in the United States.
Back in March 2013, MetLife announced that the Cary campus, coupled with its new U.S. retail headquarters in Charlotte, would bring the company’s investment in North Carolina to $125.5 million and lead to the creation of 2,600 jobs by the end of 2015.
During the official event, the insurance giant’s chairman and CEO Steve Kandarian announced that MetLife has met its jobs and investment commitment to the state six months ahead of schedule.
This, according to the Triangle Business Journal, means that the company now qualifies for the $90 million economic development incentive package offered by the state more than two years ago in exchange of its decision to expand in the region. MetLife will receive these funds through the state’s Jobs Development Investment Grant program over the next 12 years.
“Our hiring has moved faster than we expected because of the rich talent pool and business friendly environment we have found in North Carolina,” Kandarian said in a news release. “We are more convinced than ever that we made the right decision in choosing Cary and Charlotte as hubs for our global technology and operations organization and U.S. retail business. We look forward to strengthening our ties to these communities and to the state as a whole in the years to come.”
Photo credits: MetLife