Members of Kyowa Kirin’s leadership team in front of the building at 130 N. Steele St. that the company will occupy for two years beginning in February. Photo courtesy of Kyowa Kirin.

Kyowa Kirin, the Japanese pharmaceutical company which announced in February it was locating a 100-plus job operation in Lee County, will occupy a downtown Sanford building for at least two years while its permanent facility is under construction.

Beginning in February, the company’s employees will work from 130 N. Steele St. The building was most recently a First Horizon Bank location (formerly Capital Bank), but has been vacant for a number of years.

“We’re currently located in Cary at our engineering design firm, and we’re running out of space,” said Chaz Calitri, Kyowa Kirin’s site leader for North American manufacturing. “We’ll have 40 people at (the downtown Sanford site), and in 2026 we’ll add 40 more. This will be a great way to have everyone in Sanford as we move forward with the permanent site.”

Calitri said locating in downtown Sanford was important to the company because it will exemplify its commitment to the community.

“Integrating into Sanford is vital to being a corporate citizen,” he said. “This will give us connectivity to all kinds of organizations like SAGA, CCCC, businesses, and vendors. You’ve got a diverse community and we want to be reflective of that.”

The building is one of several purchased in recent years by Cary developer James Goodnight Jr., who has a track record of rehabbing older buildings in other parts of the state. With Kyowa Kirin moving in, it is the first of Goodnight’s purchases to be put to new use.

“(Kyowa Kirin) is going to continue to bring new faces and people into Sanford and keep increasing the tax base in a positive way,” said John Ramsperger, owner of Sanford Real Estate. “We’ve already got merchants and business owners downtown who are making loft apartments in their spaces, and putting this many professionals with disposable income downtown will only continue bringing people downtown, not just to shop and dine, but to live. That’s a welcome change, and it’s going to make it more viable to keep investing in downtown.”

Downtown Sanford Inc. Executive Director Kelli Laudate said Kyowa Kirin is a perfect fit for downtown.

“Kyowa Kirin’s office space marks a significant milestone for downtown Sanford as we continue working towards the goal of living, working, and playing in the service district,” she said. “We know that Kyowa Kirin will be a valuable partner in the economic growth of the county and our downtown district, and the Downtown Sanford Inc. group will be here to support them as they get to know our community better.”

Kyowa Kirin’s permanent plant will be located on Hawkins Avenue. The company announced in February that it would locate in Lee County and make a $530 million tax base investment and create 102 jobs with an average wage of more than $91,000.