Construction Firm Moving Headquarters to Philadelphia
Hill International Inc., an international construction firm, is relocating its headquarters from New Jersey to Philadelphia, and expects to create more than 200 jobs here.
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.
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.
Hill will be moving its global corporate headquarters from Marlton, New Jersey and consolidating space with its existing Philadelphia office in May 2015. The 12-year lease is for the entire 17th and 16th floors of the 565-foot high skyscraper, the seventh tallest in Philadelphia. Hill was assisted on the relocation by real estate advisor Newmark Grubb Knight Frank and has retained the architecture and interior design firm L2Partridge to design its new space.
“We are excited to be moving our global corporate headquarters into this world-class building,” said David L. Richter, Hill’s President and Chief Operating Officer. “The ability to consolidate our two local offices plus the many benefits of being located in the Center City business district make this a great move for our company,” added Richter.
Hill International, with 4,400 employees in 100 offices worldwide, provides program management, project management, construction management, construction claims and other consulting services primarily to the buildings, transportation, environmental, energy and industrial markets.