Visa Expanding Global Technology Center In Colorado
Colorado Gov. John Hickenlooper has announced that Visa will expand its existing Global Technology Center in Douglas County. This expansion will increase Visa’s technology presence and create hundreds of new jobs in the area over the next five years. Visa has approximately 7,500 employees around the world, including 700 in Colorado.
“We are excited that Visa has selected Colorado for its expansion.” Hickenlooper said. “This news helps demonstrate that Colorado, with its innovative ecosystem and strong technology base, is a state where business grows and thrives.”
“As Visa’s business continues to grow, it is important that we expand our operational capabilities to advance our business,” said Michael Dreyer, Global Head of Technology and CIO, Visa, Inc. “This partnership with the State of Colorado enables us to increase our existing operations with key talent while stimulating the local economy.”
“Once again, Douglas County has demonstrated its ability to attract new businesses and expand existing ones,” said Senator Mark Scheffel (R-Parker). “Visa’s decision to expand their operations shows their commitment to the people of the Douglas County and the caliber of our workforce.”
The Denver South Economic Development Partnership with support from the Metro Denver Economic Development Corporation collaborated with the State to help find a home for Visa’s expansion. Visa anticipates leasing 66,000 square feet of new space in Colorado to accommodate its growth, with approximately $9 million in capital investment.