AUSTIN (WBAP/KLIF) – Wells Fargo Bank plans to create a new campus in Irving.
According to the Irving Las Colinas Chamber of Commerce, The project will create 650 new jobs and $455 million in capital investment. A Texas Enterprise Fund grant of $5,001,100 has been extended to Wells Fargo.
“Texas has a long history of leadership in financial services, attracting major operations for the world’s largest financial services companies, as well as the most innovative startups in the field,” said Governor Abbott. “Already home to the largest workforce in the financial services sector, and as the new frontier for financial technology, data centers, and more, Texas offers opportunities for Fortune 500 operations to grow, and I thank Wells Fargo for their continuing investment in the great state of Texas and the best workforce in America.”
According to company executives, most of Wells Fargo’s 3,000 employees are currently located in several offices across the Metroplex.
“We are thrilled to have a new state-of-the-art campus where we can bring the majority of our local workforce together for an even better employee experience, which prioritizes wellness and sustainability,” said Tanya Sanders, Wells Fargo Head of Auto. “We are also very appreciative of the collaboration and enthusiastic response from the City of Irving and State of Texas.”
The campus is expected to open in 2025.
“Wells Fargo’s decision in choosing Irving-Las Colinas for its corporate office marks one of the largest real estate deals in our community in the last two decades,” said Beth A. Bowman, President and CEO of the Greater Irving-Las Colinas Chamber of Commerce and the Irving Economic Development Partnership. “We look forward to integrating their team into Irving-Las Colinas and building a strong partnership that will benefit both the company and the community in the future.”
Irving Mayor Rick Stopfer said the city is proud to welcome Wells Fargo home to the community.
Copyright 2022. WBAP/KLIF News. All Rights Reserved.