Lol, that’s fair. We gotta start planning now since it takes several decades to build transit corridors.
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Where are all these people working? Downtown Raleigh?
Red Hat has hired around 1,000 new employees in the past few months, as the Raleigh-based software company handles increased demand from its merger with IBM, Red Hat’s new parent company told shareholders on Thursday.
Read more here: https://www.newsobserver.com/news/business/article236333598.html#storylink=cpy
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My first thought reading the story this morning was, Red Hat needs another tower!
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Kind of old news but will worth repeating.
From WRAL sounds like they will need more space also 
Fast-growing Raleigh cloud tech startup Pendo raises $100M, plans more expansion
It’s also on track to employ 1,000 people worldwide by the end of 2023, creating 600 new jobs in Raleigh alone over the next five years and investing $34.5 million investment in Wake County.
The company also working on new digs. Pendo agreed to a seven-year lease with The Fallon Company to occupy the 19th floor of its new tower building at 301 Hillsborough, currently under construction and expected to be complete by 2021.
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I’m kinda confused how they are investing $34.5M in Wake County but only taking 1 floor of an office building? I remember thinking from the initial incentives deal that they mentioned investment such as land purchase and tower construction. Kinda seems like they are under-delivering with just 1 floor?
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Don’t believe everything you read. They will have more than one floor.
Latest Updates
Company Growth (employees)
| Employees (est.) (Oct 2019) | 380 | |
|---|---|---|
| Job Openings | 42 | |
| Website Visits (Jun 2019) | 210.4 k |
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I was thinking same thing. They have to be talking more than one floor to get their name on the building. Also not going to fit 500 people on one floor. Seems I recall something said about 1/3 of office space in building. If anyone has more details please post it.
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Yah, I don’t know what that article is on about. They are taking 5 floors.
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Yea the top 5 floors is what WralTechwire reported in May
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Redhat is global, so not all may have gone into Raleigh. A lot of people have left because of the merger, so these may be replacement hires. They also might be stuffing them at RTP until they find more local space.
I wouldn’t be shocked if Redhat did sign on on a new tower soon, maybe that Kane tower on Fayetteville, but I also wouldn’t be surprised if the left DT Raleigh either and went to RTP.
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I worked at Red Hat. A huge portion of the Red Hat workers were remote and that likely hasn’t changed yet.
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Yea, I have a couple friends who work at Red Hat and live in Asheville.
They are definitely not being hired into the RTP office. That being said, Raleigh is where most of finance, legal, and corporate marketing sits. But most of the technical expertise is in Boston. So many hires are either remote or up there.
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Does anyone know if we are in the running for the Sherwin Williams HQ relocation? Charlotte and Dallas are heavily talking about it, but haven’t heard a peep about Raleigh. Urban planet had some folks mentioning us on the Charlotte forum though.
Cleveland
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Yah, I saw that, but there is no official confirmation there. Until the company says something we will see.
I had read that Atlanta, Dallas, and Charlotte were the frontrunners if it moved.
I’m sure they are just trying to get incentives out of Cleveland and Ohio.
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This is 100% the case. I’m from Cleveland, know a few people who work at Sherwin and are plugged into the downtown market/politics. Sherwin is not going anywhere. They’re likely to build a new tower that could potentially be the tallest in downtown.
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Besides Amazon and Apple, who is the next whale that the City/Triangle is trying to lure? (see what I did there? 
)
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