Monday, April 15, 2024

Park Place Tech seals HQ deal

Park Place Technologies plans to renovate the former Progressive Direct Insurance’s
Alpha Campus for its own headquarters needs. This is what the renovated east
entrance to the new Park Place headquarters could look like (Park Place).
CLICK IMAGES TO ENLARGE THEM.

After a year-long search for a new headquarters, Park Place Technologies has closed on its deal to acquire Progressive Direct Insurance’s Alpha Campus in Highland Heights. Consummation of the purchase agreement sets the stage for renovating the multi-building campus and ultimately relocating to it 500 headquarters employees from neighboring Mayfield Heights. Warehouse operations in Solon will also be consolidated on the new site.

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