Commercial real estate data giant CoStar Group Inc. (NASDAQ: CSGP) on Tuesday broke ground on its $460 million research and technology hub expansion in downtown Richmond.
The forthcoming campus at 600 Tredegar St. is part of the company’s plans to add 2,000 jobs to Richmond, where it first planted a flag for its research operations in 2016. Today, CoStar counts 1,500 employees in Virginia’s capital city.
CoStar said it plans to add positions in research, technology, operations, software development and marketing and sales roles for the new hub. When filled out, the company will be the largest tech firm in Richmond and one of the city’s largest private employers.
“Richmond boasts premier access to higher education, top-tier talent pools, strong community partnerships and unbeatable amenities, from riverfront views and ample green space to restaurant, retail and entertainment options,” CoStar founder and CEO Andy Florance said in a statement. “We’re committed to the…
Read the full story from the Washington Business Journal.
