PNC Bank Corp. broke ground last week on an operations center that, at 620,000 square feet, will be 50% larger than originally planned.
Double-digit growth in PNC's treasury management business is a driving force behind the increase in size of the Pittsburgh facility, said spokesman Jonathan Williams. It will house treasury functions and other national corporate operations such as automated clearing house, check clearing, and commercial lending.
The $100 million facility is expected to be opened by late 2000.
By 2003, it should employ 1,700, an increase of 500 jobs. About 300 of the additional jobs will be in treasury management, said Mr. Williams.