CT: Gartner Expanding Global HQ in Stamford
20 Nov, 2018
Connecticut Governor Dannel P. Malloy announced that Gartner, Inc., one of the world’s leading research and advisory companies, is moving forward with plans to expand its global headquarters in Stamford.
The company has signed a lease for additional space at 700 Fairfield Avenue that will accommodate growth of 400 new jobs over the next five years. Gartner, which provides business leaders with indispensable insights, advice, and tools to achieve their mission-critical priorities, employs more than 15,000 associates worldwide, including more than 1,300 that are already based in Connecticut. The company is a trusted advisor and objective resource for more than 15,000 organizations in more than 100 countries.
“Gartner’s long-term commitment to Connecticut and their decision to increase their presence in Stamford is positive economic news and we are proud to have their global headquarters in our state,” Governor Malloy said. “Over the past eight years, our administration has focused on strengthening our workforce by focusing on Connecticut’s core strengths, improving the state’s education system, and strengthening workforce partnerships. Today’s announcement is a testament to the progress we have made. If we want to continue to attract businesses and jobs to Connecticut, we need to continue investing in strengthening communities and making Connecticut the best possible place to live, work, and grow a business.”
“Gartner has a sustained track record of double-digit growth,” Gartner CEO Gene Hall said. “Over the past five years, our growth has created more than 300 additional jobs in Connecticut. As demand for our services continues to grow, we plan to expand our workforce in our corporate headquarters with a range of exciting new career opportunities.”
The Department of Economic and Community Development (DECD) is supporting the project with a $5 million loan for leasehold improvements and other expenses. All or part of the loan may be forgiven if certain job creation milestones are met.
“This project is another indication that leading companies serving the technology and business sectors are seeing opportunity in Connecticut,” DECD Commissioner Catherine Smith said. “Gartner’s decision to grow their operations and add 400 jobs in Stamford is great for the city and the region”