Orases, Maryland’s top award-winning custom software development company, announces plans today to move into a new office space in the burgeoning Industry Lane business district. Co-founders Nick Damoulakis and Amy Damoulakis signed an agreement for a nearly 10,000-square-foot office located at 5728 Industry Lane. The firm plans to renovate the original building plans with a custom design in time for an April 2018 occupancy.
“We’re experiencing tremendous growth as an organization and it was time to find a larger space to accommodate our team — a space we can call our own that better reflects the intensely creative and collaborative way we work,” said Damoulakis, Orases President. “This is a great opportunity for us to build our own unique presence in one of the most exciting cities in Maryland — a presence that represents the bold passion of Orases and our commitment to remaining in the Frederick County area.”
“It is always wonderful news when an award-winning company such as Orases re-commits itself to our county through expansion, new investment and job creation,” said Helen Propheter, Director of Frederick County Office of Economic Development. “As part of Frederick County’s diverse corporate community, I congratulate them on their continued growth.”
Orases has always called Frederick home. The firm inhabited its current office at 7101 Guilford Drive since 2008, when the agency moved from the SOMAR building in downtown Frederick which they had occupied from 2004 to 2008. Orases’ leadership team spent several months evaluating options for the firm’s office expansion, including remaining in its current location, before choosing the single standing building opportunity at 5728 Industry Lane, an off-market property presented by Tony “C” Checchia, President of Verita Real Estate. The firm has partnered with Archive Design Services and Summit Construction to design a space that conveys Orases’ vibrant energy and creative personality and that provides a customized, innovative work environment for its current 25 member team. The building will include space for future expansion, as the company expects double-digit growth by 2020 and beyond. It will be a total contrast from what Orases has occupied in the past — a distinct differentiator being a UI/UX Lab component and public Meet Up space for other tech companies to use will be announced in the near future. The firm plans to invest approximately $2 million in the project.
“We have the best employees—they’re innovative, driven, and continuously push the limits of creativity and hard work—which is why exceptional companies continue to seek out our firm,” said Nick Damoulakis, Orases’ co-founder and President. “We’re staying ahead of workplace trends by creating an innovative environment that will compliment our people, our culture and our process, allowing us to continue to revolutionize our clients’ businesses on a national and global scale.”