Development

AvidXchange readies its new home, with pool tables, yoga studio, basketball courts

AvidXchange’s headquarters in Charlotte
AvidXchange’s headquarters in Charlotte

Charlotte-based AvidXchange is planning to move employees into its new headquarters building in two weeks, a six-story building that includes amenities such as Xboxes, shuffleboard, multiple gyms and basketball courts.

But the most important thing the 200,000-square-foot building provides the payment automation company: Space to consolidate its local employees. The company now employs nearly 900, and AvidXchange’s new building at the AvidXchange Music Factory will hold up to 1,000 workers in the same location. (The firm bought naming rights to the entertainment complex last year.)

The company currently has offices in nearby buildings, and should move all of its Charlotte employees into the new building by the end of July. And once it fills that space, AvidXchange has the option to build a second, nearly identical office building on the adjacent site.

The company is planning to hold its first event, a conference, at the new building next week. On Friday, workers were installing lights, work stations and carpeting.

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AvidXchange’s game room. Ely Portillo

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Work on AvidXchange’s media wall in front of the “stairitorium.” Ely Portillo

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Work on AvidXchange’s “stairitorium.” Ely Portillo

AvidXchange’s new building has a 100-seat training room, which the company said will help it more rapidly hire and train employees. A “stairitorium” (auditorium with seating on a huge staircase) will provide space for workers to gather every morning to watch the company’s in-house newscast, where hosts review performance metrics and goals.

Common Area
Common area in the new AvidXchange building. Courtesy AvidXchange

The company’s open floorplan, desks that toggle from sitting to standing and modernist interior design are reminiscent of many tech companies. Inspirational quotes and pictures of Steve Jobs and Michael Jordan face employees in common areas. A cafeteria will serve warm lunches, catered sandwiches and salads, though it won’t have a working kitchen as in some tech firms.

To blow off steam, there’s a wall-sized Scrabble board with magnetic letters, shuffleboard tables, billiards and ping-pong on the first floor, along with Xboxes and other electronic games. Outside, a basketball court with AvidXchange branding has been built for employees.

AvidXchange broke ground on the new building in September 2015, and topped out the building in May 2016. Lexington Realty Trust bought the AvidXchange headquarters site, a 3.8-acre parcel, in 2015 for $4.6 million. Red Rock Developments developed the site, JLL was project manager and LS3P was the architect.

Ely Portillo: 704-358-5041, @ESPortillo

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