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Lowe’s picks Charlotte for huge tech hub to anchor new office tower

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THERE IS NO STATE LAW REQUIRING INSPECTIONS OR REGULATION 1600 NEW REALLY HIGH PAYING JOBS ARE COMING TO CHARLOTTE

LOWE'S SAYS IT WILL BUILD ITS NEW TECH OFFICE IN THE HEART OF SOUTH END OUR TINA TERRY IS LIVE NOW TONIGHT YOU LEARNED WHY LOWE'S CHOSE CHARLOTTE OVER OTHER LOCATIONS Reporter: YES, SCOTT LOWE'S WILL BUILD THAT NEW TECH FACILITY HERE ON WORTHINGTON AVENUE ACROSS THE STREET KIND OF WHERE YOU SEE ALL THE CARS PARKED AT

AND THIS IS SOMETHING THAT A LOT OF FACTORS PLAYED A ROLE IN WE'LL SHOW YOU ONE OF THEM RIGHT HERE IT IS THE LIGHT RAIL WHICH IS LOCATED RIGHT ACROSS THE STREET THE STATE'S ABILITY TO PRODUCE POTENTIAL EMPLOYEES THIS NEW TECHNOLOGY IS GOING TO HELP US TRANSFORM OUR COMPANY

Reporter: THAT BRAND NEW 23 STORY TECH CENTER WILL SIT IN THE HEART OF SOUTH END INSIDE MORE THAN 1600 NEW EMPLOYEES WILL HELP ENHANCE THE LOWE'S SHOPPING EXPERIENCE THROUGH TECHNOLOGY THE COMPANY WILL INVEST $153 MILLION IN THE NEW TECH CENTER, HIRING SOFTWARE AND INFRASTRUCTURE ENGINEERS, DATA SCIENTISTS, ANALYSTS AND ARTIFICIAL INTELLIGENCE PROFESSIONALS LOWE'S NEEDED TO BE SURE THAT OUR STATE CAN PROVIDE THE KIND OF TRAINED, EDUCATED TALENT THAT THEY NEED FOR THESE JOBS THAT WILL AVERAGE ALMOST $118,000 A YEAR Reporter: IRONICALLY CHARLOTTE LOST ITS BID FOR AN AMAZON FACILITY LAST YEAR LEADERS REVEALED A MAJOR REASON WAS A LACK OF TECH WORKERS HERE

BUT LOWE'S SAYS ITS RESEARCH REVEALED A WEALTH OF POTENTIAL TALENT FOR THIS PROJECT THE UNC CHARLOTTE AS A FORM OF EXAMPLE, THEY PRODUCE MORE TECHNOLOGY TALENT THAN ANY UNIVERSITY IN THE STATE Reporter: THEY SAY DALLAS, TEXAS WAS ALSO IN THE FINAL RUNNING BUT CHARLOTTE'S PROXIMITY TO THE COMPANY'S CORPORATE HEADQUARTERS IN MOORESVILLE AND THE APPEAL OF SOUTH END SEALED THE DEAL WHEN YOU WALK AROUND HERE YOU GET THAT TECH VIBE; RIGHT? WHERE THERE'S MULTIFAMILY HOUSING AVAILABLE IN THE AREA THE LIGHT RAIL IS RIGHT ACROSS THE STREET FROM OUR CHOSEN SITE

YOU'VE GOT RESTAURANTS YOU'VE GOT A NIGHT LIFE Reporter: ECONOMIC DEVELOPMENT OFFICIALS WORKED ON AN INCENTIVE PACKAGE IT'S NOT BEEN APPROVED BY LEADERS YET, BUT IF IT APPROVED IT COULD OFFER LOWE'S A 90% TAX BREAK OVER TEN YEARS AS FOR THOSE JOBS, LOWE'S SAYS IT'S HIRING RIGHT NOW

BACK TO YOU ALL RIGHT OUR TINA TERRY, THANKS NOW IN 2017 LOWE'S LAID OFF 125 IT

WORKERS AND OUTSOURCED SOME JOBS OVERSEAS WE ASKED IF ANY OF THOSE PEOPLE

Source: Youtube

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