Insurance software house CDL is to expand in Stockport after agreeing a deal with Seddon Developments to buy 4.5 acres of riverfront land next to its current Strata House headquarters in Kings Reach.
CDL has submitted a planning application for its new campus development, which will contain four buildings, providing 100,000 sq ft of offices.
Subject to planning, CDL expects to begin construction on the first phase, a 30,000 sq ft building, during the first quarter of 2013.
The project is designed by Liverpool-based Edge Architects. No construction partner has yet been appointed.
Cllr Iain Roberts, executive member for economic development and regeneration at Stockport Council, said: "Kings Reach is continuing its success story with CDL's decision to stay in Stockport. It's good to see a locally based growing company with a national reputation and client base stay and expand within the borough. We've worked closely with CDL to support them and I'm delighted with the result, which also means more local jobs for local people."
CDL has doubled its workforce since it bought and moved into Strata House in 2006. CDL now employs 400 people, and anticipates that a further 150 IT jobs will be created by 2015.
Tom Hogg, managing director of CDL, said: "CDL has maintained consistent growth on the back of the ongoing roll-out of our flagship Strata system, and we are seeing significant activity around the fast growing telematics and mobile sectors.
"We are delighted to have secured this deal, which will allow us to expand the company further on our existing site, creating a wider CDL 'campus' with no relocation of staff and maximum business continuity."
CDL was founded by Tom Hogg and wife, Jessica, 35 years ago. Clients include Tesco Bank, esure broker and Hastings Direct. CDL offers integrated administration and web solutions that enable intermediaries to compete effectively in the highly competitive insurance marketplace.