The conference's headquarters will move from Greensboro to Charlotte.
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The new headquarters will be located in uptown Charlotte as part of Legacy Union's Bank of America Tower.
Commissioner Jim Phillips had been discussing the possibility since last year after taking over for the retiring John Swofford. At the ACC's men's basketball media day last October, Phillips had said the ACC's school presidents and chancellors had inquired about the future of the league's headquarters during his interview process.
At the time, Phillips said the options included remaining in Greensboro in an office located along Interstate 85 outside of downtown and near the Grandover Resort and Spa.
The league's North Carolina roots had become a topic of discussion as the league has expanded in recent decades to 15 basketball members stretched along the entire Eastern seaboard and west into Kentucky and Indiana.
"The board of directors is pleased that the conference headquarters will be joining the Charlotte community and is quite excited about the long-term opportunities that will afford," said ACC Board of Directors Chair and Duke University President Vincent E. Price.
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The league will use the 2022-23 academic year to complete the relocation process.
The Associated Press contributed to this report.