Centene built a 91-acre, nine-story, 806,000-square-foot campus to serve as its East Coast headquarters with capacity for up to 6,000 employees and potential global HQ use. The site’s future became uncertain as remote work trends left Charlotte offices underused and corporate relocations slowed. Vanguard completed a $117 million purchase in April 2024 and consolidated five leased offices into the campus in May, adopting a hybrid schedule with most employees in person Tuesday through Thursday. The move has increased coworker interactions and energy. The acquisition includes about 45 undeveloped acres and an unfinished one-story building, leaving room for expansion or amenities.
Catch up quick: Centene, the Missouri-based insurance giant, originally built the campus as its East Coast headquarters, with space for up to 6,000 employees and the possibility of serving as its global headquarters. Behind the scenes: The future of the 91-acre site was uncertain as companies leaned into remote work, Charlotte offices stayed empty, and corporate relocations and expansions slowed. But for two years, Vanguard was in talks to take control of the nine-story, 806,000-square-foot building, Axios learned on a recent tour.
The company finalized the $117 million purchase of the property in April 2024 and moved later that May, consolidating five leased offices near the airport into the single campus near UNC Charlotte. What they're saying: The move has boosted the company's energy, says Jennifer Manry, co-site lead for the Charlotte campus. Coworkers are seeing each other more - either at the coffee shop, grabbing lunch in the campus' backyard, or team building in a fitness class.
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