Its 370 employees in downtown Minneapolis and Arden Hills will be consolidated in one building just west of Interstate 35W.
Fair Isaac Corp., commonly known as FICO, said Friday that it will consolidate its 370 employees in the Twin Cities into one campus in Roseville.
The company, which provides analytics to measure credit risk and other services including FICO credit assessment scores, said employees in downtown Minneapolis and Arden Hills will be relocated into a 93,000-square-foot building at Rosedale Corporate Plaza.
FICO's move comes as several firms, such as Eide Bailly and McGladrey, and others providing accounting, tax, legal and other services have moved to downtown Minneapolis in recent years. They're taking advantage of competitive rents, mass transit and space freed up as larger employers downsized.
Currently, FICO's employees work at the AT&T Tower, 901 Marquette Av. S., in downtown Minneapolis and 4255 N. Lexington Av. in Arden Hills.
The new campus, located at County Road C just west of Interstate 35W, will include two of the office park's five buildings and features visibility from I-35W, according to Cushman & Wakefield/NorthMarq, which represented the owner of the building, Commonwealth REIT.
Fair Isaac spokeswoman Kate Blatt said in a statement, "The consolidation will encourage greater cross-functional teamwork and lower operating costs."
Fair Isaac first established a presence in the Twin Cities with is acquisition of St. Paul-based Dynamark Inc. in 1992.