Silicon Valley Bank secured an additional 60,000 square feet of office space in Tempe, Arizona. The company plans to grow its presence by more than 300 employees in the next three years.

Silicon Valley Bank is currently located at Hayden Ferry Lakeside near Tempe Town Lake and has more than 700 employees, according to Arizona Commerce Authority. With the expansion, the company now has 190,000 square feet in the Hayden Ferry Office Complex. The roles to be filled in the new Tempe location include IT, finance, operations and corporate shared services.

“We’re pleased to expand our presence in Arizona and continue to attract outstanding talent from the Tempe region,” said Phil Cox, COO at Silicon Valley Bank. “At SVB, we have the opportunity to grow and collectively make an impact on the world by supporting the innovative clients and communities we serve. Our world-class team in Arizona is the engine for SVB’s continued growth domestically and internationally.”

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