Womble Bond Dickinson Client Pacific Life Announces New Office in Charlotte, Expected to Create 300 Jobs

Congratulations to Pacific Life! Pacific Life announced that it will open a major new office in Charlotte, N.C. The $12.3 million investment is expected to create approximately 300 high-paying new jobs.

Womble Bond Dickinson Partners John Hunter and Dave Efird provided economic development counsel to Pacific Life in this successful project, including guidance on obtaining a state Job Development Investment Grant (JDIG).

The new Charlotte office will be a 68,000-square-foot space at the Queensbridge Collective in Charlotte’s central business district. The new office is expected to open in 2028. In the meantime, the Newport Beach, Calif.-based Fortune 500 company has leased a 25,000-square-foot office in Uptown Charlotte.

“Attracting and developing leading talent is central to Pacific Life’s growth strategy,” Pacific Life President and CEO Darryl Button said in a statement. “Charlotte is home to a thriving workforce, and we look forward to welcoming new talent to the Pacific Life team to help drive our long-term success. This expansion effort was a true partnership between many in North Carolina, and we want to thank Governor Stein, the North Carolina Department of Commerce, and the Economic Development Partnership of North Carolina for all their efforts and support in the decision-making process.”

About Womble Bond Dickinson’s Economic Development Team
Womble Bond Dickinson’s Economic Development team works with domestic and international companies seeking to expand or relocate operations across the United States.  We advise these companies from the earliest stages of expansion and relocation (before the real estate is purchased) to the end of the deal, long past the point when the shovel hits the ground. We negotiate incentive packages of varying needs and sizes, and we draft all related documentation for Fee-in-Lieu of Tax Agreements, state grants, job tax credits, job development credits, utility grants and many other economic development incentives and grants. Click here to read more.

About Pacific Life
Pacific Life provides a variety of products and services designed to help individuals and businesses in the retail, institutional, workforce benefits, and reinsurance markets achieve financial security. Whether your goal is to protect loved ones or grow your assets for retirement, Pacific Life offers innovative life insurance and annuity solutions, as well as mutual funds, that provide value and financial security for current and future generations. Supporting our policyholders for nearly 160 years, Pacific Life is a Fortune 500 company headquartered in Newport Beach, California. For additional company information, including current financial strength ratings, visit our website at www.PacificLife.com.