Fiserv Plans New Headquarters In Downtown Milwaukee

MILWAUKEE, WI — Fiserv on Thursday announced plans to place a new global headquarters in downtown Milwaukee and create 250 additional jobs in the process.

The financial services and payments company is currently based in Brookfield and is recognizable in part for its naming rights on the home of the Milwaukee Bucks. The new location, a 160,000-square-foot office space, would be located at 640 Vel R. Phillips Avenue. In a news release, Fiserv said the plan "affirms" its commitment to Wisconsin.

The plans at this point remain contingent on decisions from the Wisconsin Economic Development Corporation and the City of Milwaukee, Fiserv said. The project would be a $40 million investment over five years, the news release said. All of the new jobs would be located at the new campus.

“Fiserv roots run deep in Wisconsin, and we’re proud to be expanding our presence and investment in the state and the local workforce. Our new world headquarters location will be a dynamic hub of collaboration and innovation, bringing our people together in an inspiring workplace to create opportunity for energizing and career growth experiences, as we lead the industry forward on behalf of our clients,” said Frank Bisignano, the president, chairman and chief executive officer of Fiserv, in the news release.