Mythics to relocate corporate headquarters in Virginia Beach
Mythics, a Virginia Beach technology solutions consulting firm, will move its corporate headquarters to Virginia Beach Town Center in an expansion that the company says will create 30 jobs.
The company will expand operations by leasing the top floor of a building at 4525 Main Street Tower and the majority of the eighth floor for a total of nearly 39,000 square feet. Founded in 2000, Mythics is currently located at 1496 Great Neck Road.
It plans to relocate 143 full-time employees to the new headquarters. The company provides technology solutions for the federal, state and local government, commercial, higher-education, utilities and health-care sectors.
“This was a highly competitive relocation effort,” Virginia Beach Economic Development Director Warren D. Harris said in a statement. “Mythics is a home-grown success story that started in a living room and has since grown to $900 million plus in sales. We see this location decision as a testament to Town Center as a corporate headquarters destination.”
The capital investment in real estate improvements, business property, and machinery and tools for the move is expected to exceed $7.5 million.
The Virginia Beach Economic Development Authority has approved an Economic Development Investment Program grant in the amount of $250,000 based on capital investment. The grant will offset Mythics' investment in real estate improvements and business equipment.
“We considered multiple options, but Virginia Beach was the choice that most closely matched our corporate needs,” said company founder Mike Hillier.
Vivian Turok of Divaris Real Estate Inc. assisted Mythics in its corporate relocation.