Invitae announces $114 million investment in Morrisville and becomes first tenant in the Stitch. (Old Outlet Mall)
Invitae calls Stitch new Home
Governor Cooper and Invitae Corporation, a life sciences company specializing in genetic testing, announced yesterday that it plans to make a $114.6 million capital investment in the Town of Morrisville!
Joining the more than 600 life sciences organizations in the Research Triangle region, the San Francisco-based company harnesses the power of genetics and technology to make medical genetics affordable and accessible. The project brings 374 jobs, with an average salary of $91,176.
Invitae will become one of the first occupants of The Stitch, the adaptive reuse project of the former Morrisville Outlet Mall. The up-fitted facility boasts 245,000 square feet of office and lab space minutes from Raleigh-Durham International Airport.
Partnering with the North Carolina Department of Commerce and the Economic Development Partnership of N.C. on this project were the North Carolina General Assembly, the North Carolina Community College System, the North Carolina Biotechnology Center, Research Triangle Foundation, North Carolina Central University, North Carolina State University, Wake Tech, the Capital Area Workforce Development Board, the Town of Morrisville, Wake County, the Morrisville Chamber of Commerce, and Wake County Economic Development and Triangle Diversity Equity and Inclusivity Alliance, programs of the Raleigh Chamber.