CARMEL, Ind. – A global vehicle remarketing and technology solutions provider plans to bring 400 new jobs to Carmel when their new headquarters opens in 2019.

KAR Auction Services announced Tuesday their new global headquarters and campus will sit on a 13-acre site and feature a 250,000 square-foot office building.

Nearly 1,600 of KAR’s 17,400 employees work in Indiana in offices found in Carmel, Fort Wayne, Indianapolis, Plainfield and South Bend.

“We want to give our employees a workplace that reflects our entrepreneurial culture and inspires them to create and innovate the moment they walk through the door,” said Jim Hallett, chairman and CEO of KAR. “The new campus will give us the additional space necessary to increase our workforce as we expand our global footprint. And it will help our company, the city and the state attract and retain some of North America’s best and brightest talent.”

The new building, featuring an open floor plan, collaborative workspaces and outdoor courtyard, will have enough room to accommodate 400 new people.

The $80 million project will become the core of KAR’s innovation, technology and data divisions. It will also serve as the U.S. headquarters for TradeRev, the company’s mobile app-based auction subsidiary.

KAR’s global headquarters will break ground in early 2018 just 2 miles south of the company’s current headquarters near Illinois and W. 11th streets.

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