SoftServe, а consulting company, is planning on building a high-tech campus in place of an abandoned state-owned property in Lviv, Ukraine. A SoftServe engineering and construction subsidiary purchased the facility for $14 million in June at an open auction jointly held by Ukraine’s Ministry of Justice and the State Property Fund. The auction was part of the government program announced in 2020 with the goal of selling off infrastructure of unused state-owned properties.

SoftServe plans to invest more than $100 million over the next 5 years to build a modern campus in cooperation with an international architectural bureau. Construction is planned to begin in 2022. SoftServe’s offices in Lviv will be accommodated by the campus. It will offer will also offer ample amenities for work, leisure, talent development, and events, all open to the public. The campus will feature SoftServe’s corporate university, conference halls and exhibition venues, apartments, a kindergarten, a high school, and sports facilities. Oleh Denys, SoftServe’s co-founder and member of the Board explained:

“With development centers in seven cities, SoftServe is Ukraine’s second-largest tech company. We have recently surpassed 10,000 associates globally, and 4,000 of them work in Lviv, SoftServe’s European HQ, our biggest development center. The new campus will not only give a whole district in Lviv a new life but will also further the city’s rise as a large educational and technological hub in Ukraine and internationally.”

Ukraine’s cultural and geographical proximity to Western Europe makes it an attractive location for the R&D infrastructure of such global companies as Google, Oracle, eBay, Boeing, Siemens, Ericsson, Samsung, and many others. Ukraine’s IT services export has been growing by 25% annually on average and currently accounts for over 8% of the country’s total exports.