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Concord EFS, a leading electronic commerce provider, has acquired 27 acres of land for a new, state-of-the-art world headquarters campus. Construction will begin immediately on the 285,000-sf campus and is scheduled for completion in spring 2004. Almost 1,000 employees will be located at the new facility, consolidating the company's workforce from five Memphis locations into one. The executive offices, administrative functions, customer service operations, terminal deployment facilities, and high-tech data center will be located on site. Memphis based architect Hnedak Bobo Group is providing design services, with CB Richard Ellis, also of Memphis, assisting with land acquisition, site analysis, and development. The three-winged, 285,000-sf building will also house operations, service facilities, and storage. Building population will be approximately 900, with capacity at 1,200.

The headquarters design provides a highly sophisticated level of disaster protection and utilizes technology and materials designed to protect the facility from earthquakes, tornadoes and other disasters. This is critical to protecting the company's expansive data center, which is the backbone for the global company's operations as an electronic transaction processor. Contractor Montgomery Martin of Memphis, Tenn. has charge of the construction, which is set to begin immediately.