02 Apr 2024

Vanguard acquires Centene campus in University City

Vanguard, one of the world’s leading investment management companies, announced the acquisition of the massive office campus in Northeast Charlotte which was originally intended to be the East Coast headquarters of Centene. Situated within Charlotte’s University City neighborhood, the 700,000-square-foot facility includes state-of-the-art office space, along with a range of amenities to support employee working experiences.

Vanguard opened its first Charlotte office in 1997. Today, Vanguard employs more than 2,400 professionals in the Charlotte Region, representing a range of specialties including financial advice, sales, information technology, human resources, and client service. Once the University City office is complete, Vanguard’s Charlotte’s employees will be consolidated in one location. 

“Vanguard’s deeply talented, Charlotte-based crew propel our mission to give investors the best chance for investment success each and every day,” Jennifer Manry, principal of Corporate Systems in IT and Charlotte site co-lead for Vanguard, said. “We’re excited to continue to enrich their workplace experience through a brand-new, modernized campus that maximizes the value of in-person collaboration and reinforces our commitment to Charlotte as a hub for purpose-driven talent.”

The new campus, located at 2405 Governor Hunt Road near the Charlotte Blue Line rail link, is expected to open in 2025. Amenities include dedicated collaboration spaces, a conference center, cafeteria, outdoor eating and walking areas, EV charging stations, and a fitness center.

“University City Partners proudly extends a warm welcome to Vanguard Financial Group as they join our flourishing research park,” Keith Stanley, president and CEO of University City Partners, said. “The establishment of the jobs and the occupancy of this $1 billion development underscore the robustness of our vibrant and expanding community. Vanguard’s presence will enhance our ecosystem, fostering opportunities for collaboration, investment, and employment growth. This milestone announcement reaffirms the increasing acknowledgment of our region as a dynamic nucleus for innovation and economic advancement.”

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