Another corporate behemoth is planning a new headquarters. But this time cities won't have to compete for it. Walmart is remaining true to its hometown of Bentonville, Arkansas.
"Visitors are regularly shocked to see where the No. 1 company on the Fortune 500 list operates," Maria Halkias writes. To remedy that, the retail giant is planning a new corporate headquarters on 350 acres in its home city of Bentonville, Arkansas. Apparently, Walmart never considered leaving.
Halkias goes on, "the planned headquarters is more than three times the size of Toyota North America's new Plano headquarters in Legacy West and it's five times the size of the new Charles Schwab campus in Westlake."
While Walmart hasn't yet provided a cost estimate, work will begin on the site this summer. "Over the next two years, buildings will be designed and construction will begin. The company hasn't disclosed the architects and others involved in the project. While timing could change, Walmart said its goal is to open in phases between 2020 and 2024."
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