Northern Douglas County’s skyline is changing once again with the addition of a four-story building that will house 900 employees.
The exponential growth of TriZetto, a company that provides information technology solutions for healthcare payers and providers, is necessitating the relocation of its headquarters from Greenwood Village to Douglas County.
The county’s well-educated population, coupled with its proximity to transportation corridors, prompted TriZetto to make the move south to a facility that’s now under construction on Maroon Circle in the Meridian International Business Center. Officials expect the 165,000-square-foot building to open in late March or early April.
The company has already begun hiring consultants, IT specialists and service positions, including those in hosting and business process outsourcing, said Linda Fenton, spokeswoman for TriZetto.
Approximately 750 new jobs will be created over the next three years, but not all will work out of the new headquarters. Roughly 700 employees are transferring from the Greenwood Village location, which opened in 1997. The building construction has generated an estimated 500 temporary jobs.
TriZetto, which touts its involvement with more than half of the nation’s insured population, is expanding so rapidly that there are preliminary discussions about adding a second building at the site or leasing nearby office space in Meridian to keep up with demand. Loren Finkelstein, director of public relations for TriZetto, said the company will act soon to figure out where its projected total of 1,500 employees by 2015 will be based, but no decisions have been made.
Douglas County has welcomed the relocation with open arms, and Colorado Governor John Hickenlooper announced the move at a highly publicized press conference last spring.
Fenton said TriZetto sought a location that was in close proximity to its workforce.
“When we did a commute study, that area came out as the most desirable location,” Fenton said.
TriZetto reaches more than 21,000 physician practices and has 3,300 associates and offices across the globe. The new worldwide headquarters is expected to bring up to $250 million of capital investment in the state over the next five years, as well as $70 million in worker pay annually, money that will be reinvested largely in Colorado’s economy.
The company has garnered national attention, with the relocation and growth being mentioned in this summer’s list of ‘where the jobs are’ published by CNN Money.
Ken Lund, executive director of the Colorado Office of Economic Development and International Trade, said in April that the decision to keep the headquarters in the Denver area demonstrates Colorado’s ability to retain and grow fast-moving companies.
For more information on open positions, visit www.trizetto.com.
By the numbers:
New jobs expected: 750+
Transferring employees: 150
Building size: 165,000 square-feet
Temporary construction jobs: 500
Projected annual worker pay: $70 million
Physician practices reached by TriZetto: 21,000
Worldwide employees: 3,300