20|20 Research, a global research technology and service firm, will invest $1.6 million to expand its current headquarters and operations center to the historic Frost Building in downtown Nashville, Tennessee.
The firm, which will lease all 31,061 square feet on five floors of the building, plans to create 96 new jobs over the next four years in Davidson County. Following extensive renovations, the move plans to bring approximately 96 new jobs over the next four years to downtown Nashville. 20|20 Research’s current staff at the Green Hills location will also move to the new location, which will then serve as the company’s global headquarters.
"We're proud that our growth over the last five years has necessitated a move to a larger space," 20|20 Research Chief Operation Officer Bob Lunny said. "We believe that expanding our operations into the heart of Nashville will help us leverage the strong business environment—as well as the highly skilled, innovative labor market—in the city's core and continue our momentum as one of the most innovative and technologically advanced firms in the market research industry today."
“Tennessee is known for its entrepreneurial spirit and as a state where bold thinkers and risk-takers can thrive,” Economic and Community Development Commissioner Bill Hagerty said. “The expansion of 20|20 Research underscores Tennessee's global reputation as one of the best places in the world to do business and a state that understands the importance of nurturing the growth of incumbent businesses. I appreciate 20|20 Research’s reinvestment in Tennessee and the high quality jobs they are creating for our communities.”
“Having been founded and grown here, 20|20 Research is a real Nashville success story,” Nashville Mayor Karl Dean said. “The company’s decision to locate in downtown is a testament to the dynamic environment there and to the attractiveness of the city’s core to employers and employees.”
"20|20 Research's decision to expand their operations in the Nashville region again exemplifies our community as a place for innovation, creativity and technology,” Nashville Area Chamber of Commerce President/CEO Ralph Schulz said. “This is a city that nurtures our entrepreneurial community and 20|20 Research is a great success story for Nashville.”