Wells Fargo has announced it will invest approximately $125 million to more than double the size of its facility in Chandler.
Located at 2600 S. Price Road, Wells Fargo's Ocotillo Corporate Center will expand by 410,000 square feet and include two four-story buildings with office space, a meeting and event center, and a cafe. Once completed, the complex will expand to by 410,000 square feet to 810,000 square feet in all.
Wells Fargo expects to complete the project in spring 2015.
"Wells Fargo's corporate center has been a major employment force in Chandler for more than a decade," said Mayor Jay Tibshraeny in a press release. "I am elated that this expansion will nearly double their current employment in the Price Corridor as they implement the next phase of the long term plan for their campus. Wells Fargo is among the key corporate leaders in the Price Corridor and is representative of the significant growth we are experiencing there."