WaMu, Gov. Rick Perry and a host of local and other state officials dropped the news at a press conference today in San Antonio. Details about the deal will be forthcoming after officials exit the media blitz over one of the largest job creation announcements in the US to date this year. As previously reported, WaMu will add up to 4,200 jobs over the next seven years. The existing 405,000-sf MCI San Antonio campus on 75 acres at 20855 Stone Oak can hold as many as 2,250 workers, but it comes with 65 acres of developable land. For previous story, click here.

According to the WaMu's press release, the regional center will support consumer banking and home loans, but could include other business lines. The facility will come on line this year in an expansion of WaMu's enterprise contact center.

"This is the biggest project the San Antonio Economic Development Foundation and city leadership have ever pursued in terms of the number of jobs," Ed Kelley, chairman of the San Antonio Economic Development Foundation, says in the release. "Washington Mutual's regional operations center will very likely be among the largest corporate locations in the nation for 2005."

NOT FOR REPRINT

© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.