Opendoor to expand Tempe office to regional hub, add 500 jobs

May 19, 2022, 1:32 PM | Updated: 1:50 pm
(Facebook Photo/The Watermark)...
(Facebook Photo/The Watermark)
(Facebook Photo/The Watermark)

PHOENIX – Online real estate seller Opendoor announced Wednesday the addition of 500 jobs as it expands its Tempe office to a regional hub.

The 100,807-square-foot space in the Watermark at Scottsdale Road and Loop 202 Red Mountain will be Opendoor’s largest office, the residential homes dealer said in a press release.

“Opendoor’s substantial investment proves once again Arizona is the best place in the country for technology leaders,” Gov. Doug Ducey said.

Tempe Mayor Corey Woods said job openings included IT, finance and management.

The San Francisco-based startup launched in 2014 with metro Phoenix among the initial markets. Tucson was added in 2019.
Opendoor said it has helped more than 37,000 buyers and sellers in Arizona and contributed over $225 million to the state’s economy.

“As the region continues to attract top talent, Tempe’s central location and growing tech community attracted the company to establish its regional hub in the city,” the announcement read.

Opendoor moved to the lakeside location from Scottsdale in 2020.

The expansion joins business software developer Sendoso, financial guidance company NerdWallet and Amazon in growing their presence in the Valley over the past several months.

Sendoso relocated to Phoenix from San Francisco, NerdWallet set up shop in Scottsdale and online retail giant Amazon signed a deal on a 63,000-square-foot buildup of its Tempe site.

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Opendoor to expand Tempe office to regional hub, add 500 jobs