Tuesday, August 25, 2009
Advance Locks In at Crossroads
Advance Auto Parts Inc. in Roanoke has entered into a lease to expand its current office space to over 246,000 square feet at the Crossroads Corporate Business Center.
The new long-term lease provides Advance the space needed to move employees located at 5673 Airport Road to the Crossroads location at 5008 Airport Road, making the transition from a multi-building office to one integrated corporate campus.
Advance occupies 156,000 square feet at the Crossroads Corporate Business Center, where the company has been headquartered since moving into the office space in 2005. This expansion includes space from the former Dollar Duz It store through the space recently vacated by the Department of Motor Vehicles.
"I am excited at the opportunities ahead as we continue to expand our Roanoke office space for our Company and our Team Members," says CEO Darren R. Jackson. "We have our sights set on the future, and this additional workspace is just another part of Advance's transformation story. In addition, this new space expands Advance's presence and economic investment in the Roanoke Valley."
Construction and furnishings for the expansion would represent over $4.5 million in capital investments and is expected to be completed in six to nine months. This is in addition to the $4 million investment currently underway with the IT data center and Store Support Center café construction, which are scheduled to be completed by the end of 2009.
The Advance Store Support Center is comprised of corporate and executive positions spanning all areas of Advance's operations. Once this expansion is completed, over 900 Advance Team Members, will be located in the Crossroads Store Support Center, as well as numerous vendor partners and consultants who regularly travel to Roanoke to support Advance's growing operations.