New global headquarters for ProPharma coming to downtown Raleigh
RALEIGH, N.C. (WTVD) -- An almost 100 year old building in Downtown Raleigh is in the process of being morphed into a pharmaceutical company's global headquarters.
ProPharma announces it's moving its headquarters from Kansas to the center of the City of Oaks.
The company tells ABC11 the new headquarters is open, however, they are in the process of completing final work and including exterior building signage.
Over the course of the next two years, ProPharma anticipates to add an additional 75-100 jobs in the greater Raleigh area.
The company is setting up shop inside the old Father and Sons Antiques building on Hargett Street.
Offices will house clinical operations, data science, and project management among other functions.
The Downtown Raleigh Alliance is thrilled to add another tenant downtown.
"Life science is an area the Triangle is really strong at. We haven't see traditionally as much of that in Downtown Raleigh, so we're really excited about this announcement," said Downtown Raleigh Alliance President and CEO Bill King.
King says the move will boost the economy and plays into continued revitalization efforts after COVID-19.
"(It's) a good affirmation of the return of the downtown core and whenever you have employees in, it's great for downtown businesses. Those people eat lunch. They go shopping. They go to our fitness centers during work or after work. They'll get drinks, so it's really good for the downtown economy," he said.
ProPharma's Chief Executive Officer Michael Stomberg said in a statement, "The growth in downtown Raleigh over the past few years has been monumental, and we're excited to add another dimension to the city's expanding commerce and life sciences scene. We are also proud to be the first ever Research Consulting Organization to call downtown Raleigh its home."
ProPharma will be joining more than 730 life science companies that call North Carolina home.
