SEATTLE -- Online travel provider Expedia is moving the company headquarters and thousands of jobs to Seattle,officials announced Thursday morning.
Expedia will relocate from downtown Bellevue to the Seattle waterfront.
Seattle Mayor Ed Murray and Expedia officials made the announcement during a joint press conference. Expedia will purchase the 40-acre Amgen campus for $228.9 million, officials said.
The deal is expected to be complete later this year.
"It has been a tough decision to leave Bellevue, which has been a welcoming and supportive home to Expedia for many years," said Dara Khosrowshahi, Chief Executive Officer, Expedia, Inc. "Owning an iconic waterfront headquarters will position us well in the competition for top talent and aligns with the work hard, play hard culture that defines Expedia.”
The company says the new headquarters will allow for future expansion. The Amgen campus will include outdoor recreational areas, onsite dining options, and a state-of-the-art fitness facility.
"We look forward to working with Expedia to ensure we have a thoughtful, strategic plan to integrate them seamlessly into the neighborhood and are pleased that they've chosen this beautiful campus as their long-term home," said Seattle Mayor Ed Murray.
The company is expected to move in by 2018.