Wednesday, August 15, 2012

Xactware announces groundbreaking for Lehi campus

Xactware Solutions is having a groundbreaking on Aug. 23 for a new 210,000-square-foot office building in north Lehi.

The firm is moving its headquarters from Orem to the property in Lehi, near Timpanogos Highway in the Traverse Mountain Business Park. Officials anticipate the project will be completed by February 2014.

There are 460 employees of Xactware; most are based in Orem. Others work in London, Ireland, the Netherlands and Canada. Xactware develops computer and mobile software solutions for professionals involved in estimating all phases of building and repair -- from remodeling and total building replacement to calculating a structure's replacement value and preserving and repairing a home.

About 80 percent of insurance repair contractors and 19 of the top 25 U.S. property insurers rely on Xactware's products to estimate structural repair costs, according to a press release from the company. With customers in North America and Europe, Xactware's servers process more than 14,000 claims files each day.

The new Xactware campus will be two miles from the new Thanksgiving Point FrontRunner station and within walking distance of a future TRAX station and the new Murdock Canal Trail system. The facility will have a state-of-the-art data center, beach volleyball courts, basketball courts and a fitness center. The office in Orem, at the mouth of Provo Canyon, was completed in 2007, and it has taken the company just five years to outgrow it. Daily Herald