Global Payments Revealed as New Tenant in Automobile Alley

The mystery client of a new seven-story office building in Automobile Alley was finally revealed on Tuesday to be Global Payments.

The third-party payment processing provider is currently based in Atlanta but plans on moving its North American headquarters to the new office space in Oklahoma City. Global Payments has positioned itself as a leader in the sector of debit and credit card transaction processing. The company purchased local company Heartland Payment Systems in 2015 for a price tag of $4.3 billion. This acquisition set the dominoes falling for the eventual headquarters relocation to the Midwest.

For months, rumors had been circulating about the new tenant set to set up shop in the emerging business district known as Automobile Alley. Developers Andy and David Burnett had previously confirmed that the new tenant would bring about 600 new jobs to the area. The office space is located at Broadway and NW 6th. Current artist renderings show a massive complex complete with ample parking space in the nearby YMCA garage, offering up 550 spots.

The effort is part of a revitalization of the area. In addition to the office space, the developers have also said that there will be a variety of dining and retail options located at street level. The new tenant will also enjoy the convenience of a planned TownePlace Suites hotel scheduled to open at a later date next door.

The Burnett’s have not confirmed that Global Payments will be the new tenant. Experts in the know about the deal say that the finalized agreement will not be made until the financial incentives are set. Global Payments employs approximately 10,000 people across the globe, boasting customers in North America, Asia, South America, and Europe.