Koch Industries announced Thursday it plans to expand its Wichita campus in Wichita.

It says following a feasibility study, Koch decided to build a new 210,000 square-foot office building on the northwest side of the campus.

The new building will be three stories tall and have the capacity for 745 employees. 

Koch says it currently has more than 150 job openings in Wichita.

"Our growth has come about as a result of exciting innovations of all kinds.  Our goal is to continue this rate of innovation as well as the pursuit of other opportunities and acquisitions.  The result of all this is that Koch will create new jobs in Wichita," says Dave Robertson, president and COO of Koch in a news release.

As Eyewitness News first told you several months ago, Koch says it is working with the City of Wichita to re-route 37th Street North about a quarter mile north of its current location. 

Koch says the intersections of Oliver and Hillside will remain the same.  Koch will cover all the costs of moving the road.

Construction on the new building will begin in the fall of 2013 and be finished in mid-2015.

Kwch Eyewitness news.