A construction management and consulting firm, Hill International, Inc. will invest $8 million to move its global corporate headquarters to Philadelphia, Pennsylvania, with plans to bring 222 new jobs in the city during the next three years.
The company has leased nearly 60,000 square feet at One Commerce Square, located at 2005 Market Street in Center City Philadelphia, to serve as its global corporate headquarters, moving the site from southern New Jersey and merging with its existing office in the city.
“We are excited to be relocating our global corporate headquarters into City of Philadelphia and the Commonwealth of Pennsylvania,” said David L. Richter, Hill’s President/Chief Operating Officer. “The ability to consolidate our two local offices plus the many benefits of being located in the Center City business district makes this a great move for our company.”
As an incentive, the company received a funding proposal from the Pennsylvania Department of Community and Economic Development including a $1 million Pennsylvania First Program grant that facilitates investment and job creation, $666,000 in Job Creation Tax Credits and $33,750 in WEDnetPA funding which will be used for skills training for both new and incumbent employees. Hill International has accepted the funding proposal, but must still apply for each program prior to award receipt.
“Job creators from around the world are choosing Pennsylvania to grow their businesses and Hill International is the latest company to invest in our talented and innovative workforce,” said Governor Tom Corbett. “By partnering with Hill International, we are bringing 222 family sustaining jobs to the City of Philadelphia.” The project was coordinated by the Governor’s Action Team in collaboration with the City of Philadelphia.
“Hill International’s decision to locate its global headquarters in Philadelphia is just the latest example of businesses choosing to start, stay and grow in our city,” said Philadelphia Mayor Michael A. Nutter. “Companies are increasingly attracted to Philadelphia because of our strong business community, our talented workforce, and our unrivalled location and international connections. We could not be more excited to welcome Hill International and the more than two hundred jobs that this move will bring. Congratulations to the Commerce Department, PIDC, the Commonwealth and all of the partners involved in this effort.”