Global hospitality company Hilton will maintain and grow its corporate headquarters in Fairfax County, VA, outside of Washington, D.C., reports BusinessFacilities.
“The global hospitality company will redesign its headquarters to create a more vibrant place for its employees to convene and collaborate. The revamped facility will fully integrate technology into the office experience to meet the needs of today’s workforce.”
According to the article, “the Virginia Economic Development Partnership worked with the Fairfax County Economic Development Authority to secure the project for Virginia. Gov. Youngkin approved $5 million in funds from the Virginia Economic Development Incentive Grant. The Virginia Economic Development Incentive Grant was established as a self-funded program of performance-based incentives that the Commonwealth awards to exceptional economic development projects with large numbers of employees and very high wages relative to average wages for that particular area. The governor also approved a $1 million grant from the Commonwealth’s Opportunity Fund to assist Fairfax County with the project. The company is eligible to receive benefits from the Major Business Facility Job Tax Credit for new, full-time jobs created. Funding and services to support the company’s employee training activities will be provided through the Virginia Jobs Investment Program.”
Hilton’s portfolio of 18 brands includes 7,000 properties and 1.1 million rooms in 122 countries and territories.