A rendering of Charter Communications new headquarters at 406 Washington Blvd. in Stamford, CT. Credit: Building and Land Technology A rendering of Charter Communications new headquarters at 406 Washington Blvd. in Stamford, CT. Credit: Building and Land Technology

STAMFORD, CT—Charter Communications is relocating its corporate headquarters from 400 Atlantic St. in Downtown Stamford to a new 500,000-square-foot facility to be built by Building and Land Technology at 406 Washington Blvd. here.

The deal is welcome news to the Nutmeg State, which has had its share of major corporate relocations out of the state, such as General Electric and Aetna. In exchange for incentives, Charter Communications has committed to add more than 1,000 jobs in Connecticut and invest $100 million in the state over the next seven years.

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