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

covid-19, coronavirus

CDC says COVID-19 quarantine period can be cut to 10 or 7 days

You can come out of a 7-day quarantine following exposure provided you've had a negative test.

maple grove fire

1 person found dead inside Maple Grove business that burned down

A person had been unaccounted following the fire that destroyed Hanson Implement and Storage Tuesday night.

One-dollar bill, cash, money

Appeals court rules MN high school students can get unemployment benefits

They've been denied the benefits, and some were even asked to pay them back.

covid-19, coronavirus

Dec. 2 COVID-19 update: 77 more deaths in Minnesota

The death toll is closing in on 3,700 in Minnesota.

City Pages

Fan creates City Pages archive, Star Tribune tells him to remove it

After word spread that the defunct newspaper's website would go down, a fan created his own copy. Then he got a cease and desist letter.

Adam Thielen

Vikings activate Adam Thielen off COVID-19/reserve list

The star receiver missed last week's victory over Carolina.

Screen Shot 2020-12-02 at 10.27.14 AM

Naked man shot by St. Paul cop is charged for sexual assault of ex-girlfriend

The 31-year-old suspect remains at Regions Hospital after being shot.

Lindsay Whalen

Whalen's Gophers start season with only 7 players available

Whalen isn't happy that a transfer wasn't granted immediate eligibility to play.

Screen Shot 2020-12-02 at 9.21.08 AM

Baby steals the show in Minnesota family's viral TikTok video

Definitely busting out that wobbly baby move at the next party...

George Floyd protest

Activist groups release 'The People's Budget,' call for $53M Minneapolis police cuts

The People's Budget, spearheaded by Black Visions Collective and Reclaim the Block, would cut more than $53 million from MPD's budget.

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.

IBM laying off hundreds of workers nationwide

A news site that claims to have access to internal documents says the company plans to lay off 870 employees. It's unclear right now how many Rochester workers will be affected.