Chapel Hill-based research company Rho is moving its headquarters to Research Triangle Park in Durham County.
The new 159,000-square-foot facility is expected to be 50 percent bigger than Rho’s Chapel Hill office and will be located at the intersection of TW Alexander Drive and N.C. Highway 54, the company said in a press release.
Rho currently employs over 400 people and wanted to move its headquarters to a location that could accommodate future employee growth. The company announced last month that it will be hiring an additional 40 employees in the near future.
“Since 2013, we’ve seen more (employee) growth from the Raleigh, Apex and Morrisville area and we were looking for something with easy access to I-40 and a lot of different ways to get there,” Vice President of Corporate Services Dave Shortino said.
The company has valued the input of its employees since the start of the project, and ran focus groups and employee surveys to determine the needs of the company's staff.