Park Place Technologies Opens Global Destination Workplace in Northeast Ohio with $90 million Investment

CLEVELAND/HIGHLAND HEIGHTS OH – July 17, 2025 – Park Place Technologies, a global leader in data center services, is unveiling its state-of-the-art Global Headquarters at 747 Alpha Drive in Northeast Ohio with a Grand Opening Ribbon-cutting Ceremony at 10:00 a.m. EST on Thursday, July 17, 2025.

This $90 million technology campus marks a major commitment to the region, bringing nearly 500 jobs and cutting-edge technology. Park Place Technologies is a destination employer, dedicated to hiring the best and brightest in Northeast Ohio.

“We moved several key functions and jobs from across the country to Cleveland,” said President and CEO Chris Adams. “By focusing on recruiting a select group of elite employees, we are creating an environment that fosters innovation and an employee experience that contributes to a culture of unparalleled customer service.”

Adams will be joined by Highland Heights Mayor Chuck Brunello and several development partners for the July 17 Grand Opening ceremony.

Media exclusives are being arranged for still images, video tours and interviews with Park Place Technologies leadership. Tours may also be accommodated on July 14, 15 and 16 to accommodate July 17 morning shows and website content.

MEDIA CONTACTS:

• Michael Miller, Sr. Director of Global Communications: (734) 945-6359, mmiller@parkplacetech.com
• Samantha Farland, Sr. Corporate Communications Specialist: samantha.farland@parkplacetech.com
• Larry DeAngelis, VP of Marketing: (216) 577-6415, ldeangelis@parkplacetech.com

QUICK FACTS

• Park Place will contribute taxes on more than $50 million in payroll for 2025.
• The main buildings at 747 Alpha Drive contain 330,000 square feet.
• Quality Assurance and R&D data center hosts more than 170 operating servers.
• Liquid cooling lab features direct to chip and immersion cooling technologies.
• 24/7/365 Enterprise Operations Center supports thousands of clients around the world.

Employee amenities are a cultural focus for Park Place Technologies, and an evolving set of features are helping drive employee engagement and retention for nearly 500 employees:

• State-of-the-art fitness center modeled after, and comparable to, commercial facilities
• Outdoor basketball and pickleball courts
• Full-service industrial kitchen and recreation area (putting holes, ping pong tables, foosball tables)
• Physical Therapy, Personal Training, Yoga, Dental Services, Salon and a Group Fitness Classroom
• On-site services such as hair salon, dental care, car detailing and annual vaccinations
• Multiple Mothers and Wellness rooms
• A licensed daycare facility is being opened in the fall

ABOUT PARK PLACE TECHNOLOGIES

Park Place Technologies is a global data center services firm. We help 21,500 organizations – including half the Fortune 500 – fuel innovation by dramatically reducing time and money spent on IT infrastructure management, while boosting performance and Uptime.

Powered by the world’s largest on-the-ground engineering team, with local support in 180 countries, a robust group of advanced engineers, and our global Enterprise Operations Centers, Park Place delivers significant cost savings on hardware maintenance, software technical support, hardware procurement, and more. We also streamline IT infrastructure management, freeing internal teams from day-to-day tasks, enabling them to focus on strategic initiatives.

Park Place Technologies: Save. Simplify. Innovate. For more information, visit ParkPlaceTechnologies.com. Park Place is a portfolio company of Charlesbank Capital Partners and GTCR.