As part of a $200 million expansion into Texas that will eventually employ 1,535 additional employees, Fidelity Investments recently signed a 10-year lease for 160,000 square feet in Lewisville, Texas outside of Dallas to support as many as 1,000 employees, bizjournals.com reports.

Fidelity currently employs 2,900 people in Westlake, Texas. The company plans to build a 600,000-square-foot building at that location.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.