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As PWInsider.com exclusively reported last week in the Elite section, WWE will begin moving its first group of employees to their brand new World Headquarters at 677 Washington Boulevard in downtown Stamford, CT from Titan Tower later this month. We are told that the plan is to have those first divisions of the company in place at the new building by the end of March.
WWE will be slowly moving over their departments, piece by piece, partially because renovations are still ongoing in the new HQ and partially because the company wants the process to go as smoothly as possible without any major interruptions for employees and the company's overall work flow. The hope is that the process will be completed by the end of 2023 or early 2024, but there is no hard date targeted to have everyone in the new HQ.
WWE initially announced their plans to move to the new HQ and sell Titan Tower in early 2019, but obviously the COVID-19 pandemic forced major delays into that process. The WWE logo was attached to the building in July 2019. Now, there are several massive logos for the company on different sides of the structure, easily seen when driving by on I-95.
As PWInsider.com has reported in the past, the move from Titan Tower was decided upon for a number of reasons. The company had simply outgrown the old building, which was considered by some we have spoken to within the company to be technologically inferior to more modern buildings that have been built in recent years.
The move allows for every aspect of WWE to be under one roof for the first time in many years. Currently, certain divisions of the company are housed in different buildings near the Tower, requiring the company to shuttle them from place to place. WWE also has a crossing guard on hand to assist employees as they cross from one building to another. Plus, the company's production facilities are housed in another building a short drive away from Titan Tower. By the end of the move, everyone will be under one roof.
The move will also place WWE in one of the grandest buildings on the Stamford skyline, as well as within a short walk of the Stamford train station. Currently, WWE shuttles employees from the station to the HQ. The new building is large enough to house every aspect of the company and one source even noted they could put multiple Performance Centers in the building if they ever opted to go that direction.
The new space features 712,000-square-feet per floor while WWE's current home houses 110,000 square feet per floor. WWE's lease for the new Global HQ is for 16.5 years, with five five-year renewal options afterward. There's been no discussion of WWE potentially buying the building, at least at this time.
WWE has been in the current Titan Tower since 1985, when they acquired the building and has housed the company's offices for years. WWE has filmed many vignettes (and even a Super Bowl commercial) at the Tower, even hosting an entire episode of Monday Night Raw from the Tower when a blizzard shut down the entire State of Connecticut. The company has stated their plan is to eventually sell off Titan Tower and to evaluate three other locations they currently own and lease, which house production facilities. The Tower was originally built in 1981.
WWE's new Global Headquarters building was the former home of financial company UBS. At the time, UBS had the largest stock trading floor in the world. They left the building in 2016 for a new location across the street.
WWE originally planned to be moved by 2021, but all signs are that by the end of 2023, they will finally accomplish their goal.
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