Lowe’s Cos. chooses Charlotte for tech hub site

MOORESVILLE, N.C. — Lowe’s Cos. has designated Charlotte, N.C., as the site of its planned 357,000-square-foot tech hub. The largest city in the company’s home state beat out Dallas for the distinction. The facility will generate up to 2,000 local jobs, according to Lowe’s.

The company expects to be ready to open the location by late 2021. In an op-ed for the Charlotte Observer, CEO Marvin Ellison pointed to the city’s “growing tech workforce, bolstered by millennials who recognize Charlotte’s bright future” and its proximity to Lowe’s head office in nearby Mooresville and leading technological schools and universities as contributors to the company’s decision.