June 28, 2025

Raleigh Welcomes BuildOps: A New Era of Job Growth

News Summary

BuildOps has chosen Raleigh, North Carolina, for its new tech hub, promising 291 high-paying jobs with an average salary of $111,000. The total investment is projected to be $771,000, significantly boosting the local economy. The company aims to complete hiring by 2029 and is actively seeking office space in downtown Raleigh, a promising sign for local commercial growth. Governor Josh Stein highlights this development as a contributor to North Carolina’s thriving tech scene, which has experienced 25% growth since 2018. This news brings optimism for Raleigh’s future economic landscape.

North Carolina is set to become home to BuildOps, a construction software company based in Los Angeles, which has announced the establishment of a new technology hub in Raleigh. This development is expected to create 291 high-paying jobs for the area, with an average annual salary of $111,000 for these positions. The announcement was made during a session of the North Carolina Economic Investment Committee.

The investment in Raleigh is projected to reach approximately $771,000 by the end of 2029, which reflects the total commitment to the local economy. BuildOps intends to complete the hiring of the new employees by the end of this period and may further expand beyond the initial 291 job target.

The project is anticipated to significantly contribute to North Carolina’s economy, with an estimated economic growth of $702 million over the 12-year life of the incentives agreement. The economic impact will also include an average payroll effect exceeding $30 million annually.

Incentives and Support

The company received a Job Development Investment Grant (JDIG) valued up to $2.8 million, of which $1.839 million is set aside for job incentives contingent on meeting specified performance targets. Additionally, $87,300 has been granted as local incentives to further support the project.

Part of the incentives package involves allocations for the state’s Industrial Development Fund, aimed at enhancing infrastructure in rural regions, indicating a broader commitment to regional growth and development.

Raleigh’s Appeal

BuildOps cited the exceptional concentration of tech talent and nearby educational institutions in Raleigh as pivotal factors in their decision to locate the new hub there, choosing this area over Austin, Texas. The company also plans to establish the largest office among its three hubs, which include Los Angeles and Toronto, at this new location.

Despite the ongoing challenges posed by the pandemic, Raleigh is witnessing a commercial real estate market in need of revitalization, as demonstrated by an office vacancy rate of approximately 15.4%, an increase from the 5% vacancy rate recorded in early 2020.

Impact on the Local Economy

The establishment of BuildOps is expected to bolster North Carolina’s thriving tech sector, which has experienced a growth of 25% since 2018. The presence of this new tech hub is likely to create more opportunities in both the technology space and regional infrastructure development.

Overall, the arrival of BuildOps is positioned to enhance job prospects and drive economic growth in Raleigh, reinforcing the city’s standing as a growing tech center and contributing to the long-term stability of North Carolina’s economy. As the project unfolds, the local community looks forward to the employment opportunities and economic benefits that will result from this substantial investment in the area.

Deeper Dive: News & Info About This Topic

Author: STAFF HERE COLLEGE WRITER

The COLLEGE STATION STAFF WRITER represents the experienced team at HERECollegeStation.com, your go-to source for actionable local news and information in College Station, Brazos County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Brazos Valley Fair & Rodeo, Chilifest, and Aggie Muster. Our coverage extends to key organizations like the Bryan-College Station Chamber of Commerce and United Way of the Brazos Valley, plus leading businesses in education, biotechnology, and retail that power the local economy such as Texas A&M University, Fujifilm Diosynth Biotechnologies, and H-E-B. As part of the broader HERE network, including HEREAustinTX.com, HEREDallas.com, HEREHouston.com, and HERESanAntonio.com, we provide comprehensive, credible insights into Texas's dynamic landscape.

STAFF HERE COLLEGE WRITER

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