Subscribe
Close
  • Free for qualified executives and consultants to industry

  • Receive quarterly issues of Area Development Magazine and special market report and directory issues

Renew

Ernst & Young Invests $12 Million To Expand Operations In Tysons, Virginia

07/30/2015
Ernst & Young, one of the world’s leaders in professional services, will invest approximately $12 million to expand its operations in Tysons, Virginia. The company will be relocating its office to a 125,000-square-foot office complex to The Corporate Office Centre at Tysons II in Fairfax County, with plans to create 462 jobs.

“Relocating to The Corporate Office Centre at Tysons II will provide us with an innovative and collaborative workspace that will enable our people to continue to thrive and provide exceptional client service,” said Kevin C. Virostek, Greater Washington Managing Partner of Ernst & Young LLP. “Creating a work environment that supports our people and fosters high performance teaming shows our continued commitment to the investment in our professionals and to the development of our future leaders.

The Virginia Economic Development Partnership worked with the Fairfax County Economic Development Authority to secure the project for Virginia. Governor McAuliffe approved a $1.3 million grant from the Commonwealth’s Opportunity Fund to assist Fairfax County with the project. Additional funding and services to support the company’s employee training activities will be provided through the Virginia Jobs Investment Program, administered by VEDP.

“We welcome the expansion of a high-performing business like Ernst & Young,” said Secretary of Commerce and Trade Maurice Jones. “The company has thrived in Virginia’s premiere business climate, aided by a superb workforce, first-in-class infrastructure and a great quality of life. This is a great win for Fairfax County, and we look forward to years of growth through this partnership with the county and Ernst & Young.”

“We are elated that EY selected Fairfax County as the location for its expansion. We know that a company of this stature has many options in the region and beyond. Ernst and Young is renowned as a progressive company and has been an extremely good corporate citizen in the county,” said Gerald L. Gordon, Ph.D., President/CEO of the Fairfax County Economic Development Authority. “As EY continues its expansion, adding great jobs to the Fairfax County economy, it also will further accelerate the evolution of Tysons Corner as a major center of business.”

Article Discussion

Follow Area Development

Share