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Saturday, January 31, 2015

Ancestry to Build New Headquarters in Lehi, Utah


A press release from the Nasdaq GlobalNewswire entitled, "Ancestry to Build New Headquarters in Lehi, Utah" is as follows:
PROVO, Utah, Jan. 28, 2015 (GLOBE NEWSWIRE) -- Ancestry, the world's largest online family history resource, today announced its plans to build a new company headquarters at The Corporate Center at Traverse Mountain in Lehi, Utah. 
"We're excited about our new Utah headquarters," said Tim Sullivan, Chief Executive Officer of Ancestry. "We're proud of everything our employees have accomplished in recent years, and we're looking forward to a new facility that is going to be an awesome place to work." 
For the past three decades Ancestry has been headquartered in Provo, Utah, and has focused on making family history more accessible to millions of people around the world. Today, the company has grown to more than 1,400 employees globally, 1,000 of whom are based in Utah. The new location, located 25 minutes south of Salt Lake City, between Salt Lake City and Provo, will help the company broaden its footprint in attracting and retaining top talent throughout the Wasatch Front. 
The new $35 million facility, located just a few miles off Interstate15, will sit on 10.5 acres with a sleek modern design that incorporates floor to ceiling windows to take in more light and phenomenal views of Mount Timpanogos and the surrounding valley. 
Ancestry is represented by Frank Matheson and Jeff Rossi of Cushman & Wakefield | Commerce Real Estate Solutions. Ancestry is also continuing its long-standing relationship with Rapt Studio, an award-winning design studio, who also designed the Ancestry San Francisco office. Rapt will be developing the interior design to represent both the company's passion for family history and their collaborative culture. Employees will also benefit from a covered parking structure, an outdoor patio, and access to surrounding outdoor biking trails and Lehi's retail shops. 
Pre-construction work started in January, and the campus is projected to be completed and ready for occupants mid-year 2016. Ancestry expects to initially occupy approximately 135,000 square feet on location, positioning the company for the decades of growth and success to come. 
About Ancestry.com 
Ancestry.com is the world's largest online family history resource with more than 2 million paying subscribers across all its websites. More than 15 billion records have been added to the Ancestry.com sites and users have created more than 60 million family trees containing more than 6 billion profiles. In addition to its flagship site www.ancestry.com, the company operates several global Ancestry international websites along with a suite of online family history brands, including Archives.com, Fold3.com, Newspapers.com, and offers the AncestryDNA product, sold by its subsidiary, Ancestry.com DNA, LLC, all of which are designed to empower people to discover, preserve and share their family history.
I only live a few minutes from the present offices of Ancestry.com here in Provo, Utah. The area where Ancestry.com is moving is further north near the north-end of the Utah Valley. The new area is the site of many new high tech developments including Adobe.com and many other fast growing businesses. I am sure Provo will be sad to lose their current facility.

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