NEW YORK, June 30, 2008 — Deloitte LLP announced today that it will invest approximately $300 million in the creation of a state-of-the-art learning and leadership development center in the Dallas-Ft. Worth area in Westlake, Texas. Construction on the new facility will begin in 2009 and the center is expected to open in 2011. 

The facility will serve as a central destination for all of Deloitte’s talent, including everyone from new hires to senior leadership to partners, principals and directors.  The 750,000-square-foot campus will have 800 guest rooms.

“As our industry evolves faster than ever before, Deloitte’s learning and leadership development center will enable our people to take the lead in shaping the future of our profession,” said Barry Salzberg, chief executive officer, Deloitte LLP.  “We expect this facility to become the heart of our organization — the place where we meet, learn and develop our next generation of leaders.”

The facility will feature multiple conference spaces and classrooms that will house thought leadership events; events with professors from nationally recognized universities and colleges; and networking events.  All of the facilities’ activities will enable people to develop and grow as a result of their connection with business and industry leaders, academia, mentors and colleagues.

The facility will also feature dining venues, a ballroom, a business center, recreational facilities and a fitness center.  The campus will be constructed according to Leadership in Energy and Environmental Design (LEED) standards established by the U.S. Green Building Council.  Green considerations are a top priority for all aspects of this project, including design, materials, engineering and supplies.

In addition to the direct benefit for Deloitte and its people, the facility is expected to provide economic benefits to Westlake and the Dallas/Fort Worth region. 

About Deloitte
As used in this document, “Deloitte” means Deloitte LLP. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.