Parsons Brinckerhoff, a global infrastructure, strategic consulting, engineering and program/construction management firm, has announced plans to merge its two current Hampton Roads locations to Convergence Center II at 277 Bendix Road in Virginia Beach. The regional headquarters will comprise 20,000 square feet of Class A office space and represents an expansion from the 17,000 square feet it currently occupies.
The company currently has 80 employees in two locations on Kempsville Road in Norfolk and Ballard Court in Virginia Beach. The move will allow the company to create 10 new jobs. The relocation will require a capital investment of $1.35 million including $846,000 in real estate improvements. The Virginia Beach Development Authority awarded the company an Economic Development Investment Program (EDIP) grant in the amount of $40,000 based on job creation and the capital investment.
“From an economic development standpoint, Parsons Brinckerhoff is an ideal company for Virginia Beach,” says Warren Harris, director of Virginia Beach Economic Development. “The company’s global presence is impressive, and having a regional headquarters here brings highly skilled professional opportunities and increased exposure to our city.”
Parsons Brinckerhoff is one of the world’s leading planning, environment and infrastructure consultancies. Founded in 1885, Parsons Brinckerhoff maintains its global headquarters in New York City and has more than 14,000 total employees in 150 offices around the world. Parsons Brinckerhoff is part of Balfour Beatty plc, the international infrastructure group operating in professional services, construction services, support services and infrastructure investments. For more information, visit pbworld.com.
The mission of the Virginia Beach Department of Economic Development is to attract and retain national and international business and industry that results in the creation of new capital investment and jobs that increase the per capita income in the community. The City of Virginia Beach is the most populous city in the Commonwealth of Virginia with a population of 434,000 and is the 39th largest city in the United States. The City of Virginia Beach is recognized as the best run cities in America, by 24/7 Wall Street in 2012, and in 2011, Virginia Beach ranked number one for economic growth potential by Business Facilities. In 2012, the Department of Economic Development received re-accreditation through the International Economic Development Council, one of only 29 economic development organizations in the world to have this recognition. In 2011, the Department won an Award of Excellence for its marketing efforts from the International Economic Development Council. For more information, visit www.yesvirginiabeach.com.
###