New Yahoo facility in Research Park

Wall Street Journal (Feb. 5) -- Yahoo! Inc. has broken ground on a new state-of-the-art facility that will serve as an important expansion of its Champaign, IL technology hub. Leaders from Yahoo, State of Illinois, University of Illinois at Urbana-Champaign, and City of Champaign announced plans for the new building and expanded workforce. Champaign is the home of several Yahoo engineering teams working on critical technologies for the company. Yahoo currently occupies 24,000 sq. ft. of office space and is the largest full-time employer in the University of Illinois Research Park. The new 40,000 sq. ft. building will be solely constructed for Yahoo. Plans include recruitment of engineers over the next 12-24 months. Also: Business Wire (Feb. 5), Talking News Media (Feb. 5), Chicago Sun-Times (from The Associated Press, Feb. 6).