Hilton is planning a major expansion of its headquarters in Tysons that will bring its workforce at the office to over 1,000 employees.
Virginia Gov. Glenn Youngkin announced this morning (Thursday) that the hospitality company will make “significant upgrades” to the office it has operated at 7930 Jones Branch Drive since 2009.
“Hilton will re-imagine its space to create an even more vibrant place to convene and collaborate, fully integrating technology into the office experience to meet the needs of today’s workforce,” the Fairfax County Economic Development Authority (FCEDA) said in a news release and announcement video.
Extending its lease for another 15 years, Hilton says it will continue to approximately 220,000 square feet at Park Place II, one of two adjacent office complexes owned by BF Saul Company by the intersection of Jones Branch Drive and Scotts Crossing Road.
While the amount of space is “roughly the same” as its current footprint, the company plans to enhance its office space and common areas, according to a Hilton spokesperson.
“We will be working closely with our Team Members over the coming months to determine what modifications we will make to create an even more vibrant place to convene and collaborate and to fully integrate technology into our office experience that accommodates today’s workforce,” the spokesperson said by email.
Over the next five years, Hilton plans to add 350 net new jobs at its headquarters, where approximately 800 workers are currently employed.
The extension of Hilton’s stay in Tysons was booked through a partnership between the FCEDA and the Virginia Economic Development Partnership, according to the press release. It was also assisted by Youngkin’s approval of a $5 million Virginia Economic Development Incentive Grant and a $1 million grant from the state Development Opportunity Fund.
Hilton will be eligible to receive a $1,000 income tax credit for each new, full-time job it creates with the expansion, and the Virginia Jobs Investment Program will provide funding and services to support employee training activities.
“Northern Virginia has been Hilton’s home for more than a decade, and the region has played an instrumental role in helping us create the best, most inclusive home for our Team Members while also managing the demands of a global business,” Hilton President and CEO Chris Nassetta said in a statement. “We appreciate the continued support of the Commonwealth of Virginia, Fairfax County and the Tysons Partnership in ensuring we continue to attract strong, diverse talent to our vibrant, growing region.”
I am so pleased that Hilton Worldwide has made the decision to remain in Tysons. The 2009 move of the Hilton headquarters to Tysons helped spur the transformation of Tysons into a vibrant urban community: https://t.co/9HtJfHybw1
— Dalia Palchik (@SupvPalchik) August 4, 2022
The Park Place offices will see additional change in the coming years with an overhaul of the Tysons Park Place building at 7926 Jones Branch Drive that got the Fairfax County Board of Supervisors’ approval on June 28.
State and local officials expressed excitement at the Hilton news in prepared statements:
“I am thrilled that Hilton, a valued corporate citizen, is maintaining its headquarters and expanding its workforce here. This is a validation of the strong economy we enjoy here in Fairfax County,” said Fairfax County Board of Supervisors Chairman Jeffrey C. McKay. “We have demonstrated time and again that business-friendly policies go hand-in-hand with the high quality of life here, maintaining Fairfax County’s status as the premiere destination for starting, moving or expanding your company.”
“I am so pleased that Hilton Worldwide has made the decision to remain in Tysons. The 2009 move of the Hilton headquarters to Tysons helped spur the transformation of Tysons into a vibrant urban community,” said Providence District Supervisor Dalia Palchik. “Hilton’s Park Place II headquarters, and the adjacent Hilton McLean Tysons Corner, will now continue to enjoy the benefits of our wonderful community for years to come.”
“Hilton’s continued investment in Fairfax County will result in extraordinary benefits for our community,” said Victor Hoskins, president and CEO of Fairfax County Economic Development Authority (FCEDA). “The diversity of our business base continues to be one of our greatest strengths, and we are honored that Hilton has chosen to continue to play a key role in our corporate ecosystem.”
“Virginia is America’s hometown for corporate headquarters, and we are proud that Hilton will continue to call Fairfax County home,” said Governor Glenn Youngkin. “For more than a decade, this global company has benefited from the Commonwealth’s combination of strategic location, diverse, world-class talent, and stable business climate, and we look forward to a continued partnership as Hilton recommits to Virginia and reinvents its headquarters for the future.”
“The companies that choose to locate and grow in our Commonwealth are a strong endorsement of the advantages a Virginia location offers. Retaining Hilton’s global headquarters reinforces our commitment to ensuring the best business climate for our valued corporate partners,” said Secretary of Commerce and Trade Caren Merrick. “Northern Virginia is one of the most educated and diverse regions in the United States and we are confident that Hilton’s next phase of growth will be bolstered by the top-tier talent pipeline Fairfax County provides.”
“I am pleased to hear about Hilton’s decision to grow their corporate headquarters in Fairfax County,” said Senator Janet Howell. “Hilton has a long history of calling McLean its home and I know that they will continue to add considerable value to the bustling Northern Virginia business climate.”
“Hilton is an iconic name in the hospitality, travel, and tourism industries and I am grateful that this global business leader will continue to make Tysons its home,” said Delegate Mark Keam. “I also want to thank the leadership of the company for expanding its workforce in my district.”
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