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Opendoor Establishes Tempe, Arizona, Operations

Opendoor, a leading digital platform for residential real estate, is opening a new facility in Tempe, Arizona. The project is expected to create 500 jobs.

The new 100,807-square-foot regional hub will be the company’s largest office.

“Opendoor has been supporting Arizonans with the confidence and control to make life-changing moves since launching in Phoenix in 2014. Since our first customer eight years ago, we have become part of neighborhoods across the state, serving tens of thousands of homebuyers and sellers and partnering with contractors and small businesses,” said Megan Meyer Toolson, Chief Customer Officer and Arizona resident. “Hundreds of employees now call Greater Phoenix home. We are proud to share our latest commitment to Arizona, the creation of a regional hub in Tempe that will support over 500 jobs and allow us to continue contributing to the growth and success of this great state.”

Opendoor is a leading digital platform for residential real estate, currently operating in a growing number of cities and neighborhoods across the country. The company has rebuilt the entire consumer real estate experience and have made buying and selling possible on a mobile device.

“We are proud to welcome Opendoor’s regional hub to Tempe,” said Sandra Watson, President and CEO of the Arizona Commerce Authority (ACA). “Opendoor complements Tempe’s vibrant technology ecosystem and innovation taking place at Arizona State University. We are grateful Opendoor continues to invest in Arizona while supporting hundreds of jobs and furthering Arizona as a proptech epicenter.”

Since 2014, Opendoor has served over 37,000 Arizona buyers and sellers and infused over $225 million into the state’s economy through its work with local contractors, tradespeople and real estate agents.

"We're excited to welcome Opendoor to Greater Phoenix as it brings its regional hub to Tempe," said Chris Camacho, President and CEO of the Greater Phoenix Economic Council. "Opendoor joins a growing group of industry-transforming companies expanding to Greater Phoenix, solidifying the region's standing as a premier market for new technology with the workforce availability, supportive environment and modern infrastructure to bolster innovative, high-growth businesses."

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