The Council for Entrepreneurial Development is moving into new headquarters space.
The CED announced Monday its plans to relocate to The Alexandria Technology Center near the intersection of Alston Avenue and N.C. Highway 54 in RTP. The new headquarters will be about a mile from the existing one on Alexander Drive.
The CED cited its own growth as a factor in the decision to move into some 8,643 square feet space. Among its facilities is a room large enough to accommodate 150 people.
The CED will open its new Entrepreneurship Center in February.
“We’ve seen some phenomenal growth in the Triangle’s entrepreneurial economy over the past few years,” said Monica Doss, president of the CED. “In 1997 we moved to our Alexander Drive office with plans for having 10 staff members. Eight years later, CED now has 20 full-time employees. We simply outgrew our space.”
The space is owned by Alexandria Real Estate Equities, Inc. The CED said it was approached by that firm about leasing the space.
“CED is a unique organization that plays a vital role in supporting the region’s entrepreneurial economy,” said Joel Marcus, chief executive officer of the real estate firm. “Our Technology Center on Capitola Drive will allow CED to expand its important work in supporting innovative start-ups and promoting a vibrant entrepreneurial culture.”
The CED will not be alone in the space. Also moving in will be the North Carolina Biosciences Organization and the North Carolina Medical Device Organization.