The Visa Debit Processing Service division will process $1billion in credit card transactions from the facility, whichincludes a one-story, 50,000-sf data center and a three-story,110,00-sf office building, says Matt Anderson, who put togetherwith fellow Staubach Co. broker Barry Dorfman. The data center isslated for completion in June and the office building in April2002.

The new campus is the second largest project in the businesscenter, falling next in line to Lucent Technologies' 600,000-sfoffice campus, Anderson says. "It's great for Shea Properties inthat it adds another credit worthy, anchor tenant to their businesspark," Anderson says. "In this tight labor market, it's great to bein Highlands Ranch, where you have all of the housing, yet greataccess to DIA from E-470 ( a nearby toll road). But, you don't havethe traffic congestion."Dorfman says he and Anderson had looked atabout 30 sites all along the corridor and narrowed the choice tofive before settling on Highlands Ranch.

Kevin Schultz, a Visa vice president, the operation's 65,000-sffacility is overcrowded by the 250 workers. By the time therelocation occurs, Visa estimates its workforce will total 325.About 60% to 75% of the workers live within a 10-mile radius of thesite, a factor used for the selection process. Schultz says ananalysis of employee zip codes was conducted prior to making afinal decision.