Hilton Retains-Expands Fairfax County, Virginia, Headquarters
Located at 7930 Jones Branch Drive in McLean, the company established its global headquarters in Virginia in 2009.
“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,” said Chris Nassetta, President and CEO, Hilton. “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.”
The Virginia Economic Development Partnership (VEDP) worked with the Fairfax County Economic Development Authority to secure the project for Virginia. Governor 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.
“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.”
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.
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