A rendering of 3TWENTY3 courtesy of Cushman & Wakefield | Thalhimer
A tech firm is consolidating its headquarters to a single space in downtown Charlottesville less than a year after the company announced plans to expand its operations in Albemarle County.
CoConstruct LLC, a software provider, has leased 40,000 square feet of office space at the 3TWENTY3 building at 323 2nd Street SE in downtown Charlottesville. Plans call for the tech firm to move in when construction at 3TWENTY3 is slated to finish in spring 2020.
In May, CoCounstruct announced plans to expand its operations to Albemarle and create 69 jobs. The Virginia Economic Development Partnership planned to help CoConstruct through the Virginia Jobs Investment Program. Under the program, CoConstruct was eligible for $1,000 per job for up to a total of $69,000. Albemarle Economic Development Director Roger Johnson told the Daily Progress on Friday his office planned to work with the city to support the company's plans.
