Skip to main content

IBM Corp. announces reorganization of Rochester campus

  • Author:
  • Updated:
    Original:

IBM Corp. announced a plan to sell off as much as 1 million square feet of space to an outside developer as it looks to cut back on some excess real estate holdings in Rochester.

In a statement, the company says it will retain eight buildings on the east side of its campus and the sale would "involve no personnel changes" apart from the moves between buildings.

"We have begun to redesign and reconfigure office spaces for agile work and collaboration that can better facilitate teamwork and idea generation. This will drive faster innovation, create an even better environment for our employees and result in a win for IBM and our clients."

The Business Journal notes that Gary Smith, the president of the Rochester Area Economic Development Inc., said he'll work with the company to market the property.

According to the report, Smith says there is already some interest in some of the space.

"I see this as a positive development," Smith told the Business Journal. He notes that much of the space being put on the market was already empty.

While IBM has gone through years of cutbacks it remains one of the biggest corporations in Rochester.

According to the Rochester Post Bulletin, at its height more than 8,000 employees worked on the site that occupied about 3.5 million square feet of space.

That number dropped to an average of 2,677 employees on the Rochester campus in 2014, according to numbers IBM reported to the Occupational Safety and Health Administration.

IBM expects the move to be completed by March of 2017.

Next Up

Low, Mimi Parker

Low cancels Europe shows due to Mimi Parker's cancer treatment

The Duluth band says the decision follows 'recent changes' in Parker's treatment.

Screen Shot 2022-08-15 at 11.09.39 AM

Wisconsin man admits to 1992 revenge killings 15 years after boyhood tragedy

The 52-year-old man is in custody 30 years after the 1992 double murder.

Chapel of Love at Mall of America

Chapel of Love set to close at Mall of America after nearly 30 years

The owner cited retirement as the reason for the closure.

Minneapolis police

Man stabbed to death in his Minneapolis home identified

The victim's wife had an order of protection out against the suspect.

FLickr - AL Franken 2016 - Lorie Shaull

Al Franken filling in as guest host of 'Jimmy Kimmel Live'

Franken, a comedian and former Minnesota senator, will perform comedy four nights in a row in Minneapolis following the appearance on the show.

Flickr - Minneapolis police squad - Chad Davis

1 dead, 1 critical after shooting at 38th and Chicago in Minneapolis

It's the second killing in a week at the intersection in south Minneapolis.

Related

IBM brings high-tech crime-fighting to Rochester

City police are using new software to better predict crime patterns. IBM's technology makes connections among arrest records, surveillance videos, even "unwise boasts" on social media sites, according to Bloomberg.