Boston-based Liberty Mutual to bring 5,000 jobs to new campus in Dallas suburb of Plano

Liberty Mutual Insurance expects to have 5,000 employees working at its new campus in the Dallas suburb of Plano by the end of 2017.

The nation's third-largest insurer told employees Tuesday about the new campus, the Dallas Morning News ( ) reported.

Liberty Mutual vice president John Cusolito said that while the company's headquarters will stay in Boston, the new Plano campus will consolidate a variety of operations now located around the country.

"We are reviewing which nearby operations will bring the most sense to bring onto this campus," he said.

The new campus will be built in the $2 billion Legacy West development, which is under construction. Toyota Motor Co. is building its new North American headquarters there, and FedEx Office is building its new national headquarters there as well. Between the three major companies, almost 12,000 jobs will be located in the area.

Along with the office space, the 240-acre Legacy West project includes hundreds of new apartments and homes, retail space, restaurants and a luxury hotel.

The first of FedEx's workers will move into its new building later this year. Toyota will start occupying its campus, which is under construction, in 2017.

Liberty Mutual will begin moving workers in January to Plano, where it has rented temporary office space. The company has more than 50,000 employees and operations in 30 countries.

Along with its home office in Boston, Liberty Mutual also has a large concentration of between 4,000 and 5,000 employees at facilities in New Hampshire.


Information from: The Dallas Morning News,