Expedia, Inc. is moving its corporate headquarters from Bellevue, Washington, to Seattle.

The online travel company announced the move at a news conference with Seattle Mayor Ed Murray on Thursday.

Company officials say it plans to buy a 40-acre waterfront campus from Amgen and close on the purchase in the second quarter of this year.

Expedia officials say it was a tough decision to leave Bellevue, east of Seattle, but they couldn’t pass up on the opportunity for a site on Elliott Bay. The company’s headquarters has 3,000 employees.

Expedia began in 1996 and has more than 10,000 employees worldwide. Its brands include Hotels.com and Hotwire.com.

This article was from The Associated Press and was legally licensed through the NewsCred publisher network.

Photo Credit: This is the site of Expedia's new headquarters on Elliott Bay in Seattle. Expedia