The tallest building in Indianapolis officially has a brand new name, as workers finished hanging the Salesforce sign in blue letters in the sky this past Friday.
And that is because the San Francisco based cloud computing company bought these naming rights last year when it leased around 250,000 square feet at the 48-story skyscraper on Monument Circle, as part of a massive expansion.
An expansion that has already seen the firm employ 1,400 people in Indianapolis.
With plans to hire an additional 800 personnel by 2021.
The ultimate goal being to invest another $40 million over 10 years.
Salesforce Marketing Cloud CEO Bob Stutz, in a statement published on March 1 had noted Indianapolis as a great city to build a regional headquarters:
“As the world’s fastest growing top-five enterprise software company and one of the largest tech employers in Indiana, Salesforce is thrilled for the upcoming opening of Salesforce Tower Indianapolis — which will join the ranks of our other regional headquarters, including Salesforce Tower New York and our world-class global campus in San Francisco.”
Indiana is on track to award Salesforce up to $17.2 million in tax credits, as well as $750,000 in training grants if the company meets its hiring and investment goals — which by the looks of it, is coming right on schedule.
As for the sign itself, while it may look small perched atop the skyscraper, it is quite large.
The letter F, for example, is nearly 17 feet tall and about 10 feet wide, and the entire sign packs more than 3,300 light bulbs. Each set of letters also weighs in at 4,450 pounds.
The high-rise, on the other hand, opened in 1990 as Bank One Tower, but just got its name changed from Chase Tower to Salesforce.