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CP Group Secures Global Headquarters Relocation of Quantum Computing Pioneer D-Wave to Its Boca Raton Innovation Campus (BRiC)
Businesswire· 2026-01-28 20:00
Core Insights - CP Group has signed a significant lease agreement with D-Wave Quantum Inc., marking the relocation of D-Wave's global headquarters to the Boca Raton Innovation Campus (BRiC) in Florida, which is a notable development for the tech ecosystem in South Florida [1][1][1] Group 1: Company Developments - D-Wave Quantum Inc. is recognized as the only dual-platform quantum computing company, providing both annealing and gate-model systems, software, and services [1] - The relocation from Palo Alto, California, signifies a major milestone for D-Wave and enhances BRiC's status as a hub for technology and life sciences [1][1] - Florida Atlantic University (FAU) has committed $20 million to purchase and install D-Wave's Advantage2™ quantum computer on its campus, further strengthening the region's position in quantum research [1][1] Group 2: Infrastructure and Investment - CP Group has invested $100 million in capital improvements at BRiC, transforming it into an amenity-rich destination with features such as a wellness center, coffee shops, and a parking garage with 1,100 spaces [1][1] - The renovations at BRiC have provided the necessary infrastructure to support D-Wave's operational needs, ensuring reliability and continuity for quantum computing operations [1][1] Group 3: Market Position and Growth - Florida is identified as one of the fastest-growing technology ecosystems in the U.S., making it an ideal location for D-Wave's new headquarters and R&D facility [1][1] - BRiC experienced over 300,000 square feet of leasing activity in late 2025, indicating strong demand and interest from various office users, including technology and life sciences firms [1][1]