By this time next year, KAR Auction Services should be nicely settled into its sterling, new headquarters.

One year after announcing its $80 million investment in central Indiana, KAR on Wednesday said its new corporate headquarters and campus in Carmel, Ind., is on track for summer 2019 completion.

Officials highlighted construction of the 250,000-square-foot office building featuring an open floorplan and broad collaborative workspaces has progressed smoothly. As construction on the new KAR global headquarters continues, the company is also further investing in its workforce with more than 1,200 current job openings in North America, of which more than 100 will be based in Indiana.

“We are creating an environment that fosters creativity, innovation and collaboration in order to attract top-notch talent to further grow our technology, fully integrate our data capabilities and take our digital and online platforms to the next level,” KAR chairman and chief executive officer Jim Hallett said.

“Our new campus will give us the additional space necessary to increase our workforce as we expand our global footprint. Its modern workplace design will inspire the entrepreneurial spirit that has helped us succeed,” who is among the industry leaders set to appear during Used Car Week 2018, which begins on Nov. 12 at the Westin Keirland Resort and Spa in Scottsdale, Ariz.

KAR — one of the founding members of the Automotive Intelligence Council — recapped how it has made data, mobility and digital company acquisitions during the past two years. Approximately 140 of the current openings are technology-focused roles such at developers and IT professionals — nearly half will be based in Indiana.

The company’s new headquarters and campus will house its innovation, technology and data as a service divisions and serve as the U.S. headquarters for TradeRev, KAR’s mobile app-based auction subsidiary. 

For nearly 30 years, KAR has made central Indiana home. Its new corporate offices will be located two miles south of KAR’s current headquarters on the northeast corner of Illinois and W. 111th streets, reaffirming the company’s longstanding commitment to Carmel and central Indiana.

The development team assisting KAR with this project includes: CBRE Group LLC, Ginovus LLC, Ice Miller, PURE Development, RATIO Architects, Shiel Sexton and US Realty.