TIAA closing Denver operations center, eliminating 1,000 jobs amid move to Frisco, Texas

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TIAA closing Denver operations center, eliminating 1,000 jobs amid move to Frisco, Texas
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TIAA will maintain corporate centers in New York, Chicago and Charlotte, N.C., with Frisco, Texas essentially replacing Denver.

TIAA will shut down its Denver operations center and eliminate 1,000 jobs in Colorado as part of a shift to a new tower it built in Frisco, Texas. The closure will happen in the summer of 2026.

TIAA will close its Jacksonville office at 301 West Bay in July 2025 and its Denver center, located at 1670 Broadway, in July 2026. A data center in Broomfield, located at 11525 Main St., will remain open, but limited to “only roles that are critical to data center operations,” the letter said. About two dozen workers are employed there.

Located in the former Amoco building, TIAA was so dominant at 1670 Broadway that the location became known as the TIAA building. The Denver lease wasn’t set to expire until 2029.“We believe Frisco is the right market to invest in and grow in.

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