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Microsoft Announces $23M Charlotte Expansion

Microsoft Corp. has announced plans to expand its engineering and quantum computing businesses in Charlotte. The software maker plans to hire new workers in Charlotte as part of a $23 million expansion. The move is expected to create 430 new jobs by 2023.

The company currently has 1,400 employees in North Carolina and 1,150 in Charlotte. Average salaries for the new positions could reach $99,000.

Microsoft could receive $8.5 million in state incentives if it meets job creation and investment goals over time. A North Carolina state panel awarded an incentives deal to the Washington-based company shortly before the Charlotte expansion was announced.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.

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