Peloton, the leading interactive fitness platform, is adding 103,750 square feet of space to its campus in Plano, Texas.
According to company officials, the original Peloton Plano Campus will remain in its current location, with the additional square footage located in an adjacent one-story building. The additional space allows the company to significantly expand its current business presence and supports Peloton's plans to bring up to 1,600 more jobs in a variety of corporate functions and experience levels to the North Texas location, company officials said.
Subject to state and local requirements and approvals, the newly expanded offices are scheduled to open in the summer of 2021, and will quadruple Peloton's total square footage at Legacy Central to 131,268 square feet. In addition to office space, the Plano Campus will serve as a Peloton corporate training hub and include a fully-equipped employee fitness center with Peloton Bikes and Treads.
"One of the main reasons we chose to open our Plano Campus in 2018 was the centralized location and deep pool of customer support and technology expertise in the region," said Mariana Garavaglia, Peloton's Chief Business Operations Officer. "Peloton has grown tremendously in the last two years, and we're thrilled this larger footprint will allow us to bring key leadership and managerial roles, along with additional entry level positions to the area."
Peloton said it continues to invest in the region and anticipates growing the workforce for a number of years. The company plans to hire employees across a variety of teams to be housed in the new space, including People, sales, field operations, and corporate functions, such as finance and enterprise technology.
"Thanks to Texas' business-friendly climate, cutting-edge companies like Peloton are choosing to expand their footprint in the Lone Star State," said Governor Greg Abbott. "Our successful model of low taxes, workforce investment, and reasonable regulations make Texas the premier economic destination for innovative companies to grow and flourish. I am grateful to Peloton for expanding their presence in Plano and bringing 1,600 new jobs to the community. Together, we will create an even more prosperous future for the state of Texas."