Three Recent Announcements to Bring 1,000 Jobs to KOP
The new energy and momentum in King of Prussia (KOP) continues to attract the interest of corporate headquarters in 2016.
Within the last six months, three significant leases were announced in KOP including: The Judge Group (151 S. Warner Road, 90,000 SF), HTH Worldwide (955 First Avenue, 110,000 SF) and most recently Vertex Inc. (2301 Renaissance Boulevard, 180,000 SF). Combined these companies will bring over 1,000 new, high-paying jobs to KOP.
“King of Prussia is experiencing a surge in Class A office leasing activity,” said Eric Goldstein, King of Prussia District Executive Director. “Corporations seem to be attracted to the exciting amenities, low taxes, great schools and business-friendly Township.”
Vertex, Inc., a corporate tax solutions provider, will consolidate its operations in multiple locations to one central location in KOP. The company’s new 180,000 SF national headquarters will bring 225 new, high-paying jobs to KOP over the next five years. That is in addition to the 560 existing employees that will now be located in KOP.
According to a release from Governor Wolf’s office, “The decision to move was the result of a thorough multi-year process that included research, employee focus groups and careful consideration of our progressive culture and strategic vision,” said Lainie Sitko, Vertex Director of Workplace Strategy. “This move will enable us to grow and evolve as we continue providing exceptional value to our expanding client base.”
In October 2016, The Judge Group, a leading global provider of professional services specializing in technology, talent and learning solutions, opened their 90,000 SF corporate headquarters on Warner Road. The new location allows for future growth and better access to amenities for its 235 employees, including the new King of Prussia Town Center and new, luxury residential units in The Village at Valley Forge.
Brandywine Realty Trust is currently constructing a build-to-suite 110,000 SF office building for HTH Worldwide, in the newly rezoned King of Prussia business park.