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: Read More