Oct 27, 2020
- Volkswagen Group of America signs lease as anchor tenant in Northern Virginia development
- New building will consolidate multiple facilities into one location
- Volkswagen Group of America has been based in Northern Virginia since 2008
Herndon, VA — Volkswagen Group of America has signed a lease as an anchor tenant in Northern Virginia’s Reston Town Center development.
Volkswagen Group of America (VWGoA) currently leases multiple facilities in Northern Virginia for approximately 1,000 employees of the Volkswagen, Audi, Bentley, Bugatti and Lamborghini brands and VW Credit, Inc. This move will consolidate those employees into one location, increasing workforce efficiencies and collaboration. The move is expected to take place in late 2023.
The under-construction building, located in the Reston Town Center mixed-used development, is part of a 1.1 million square foot office complex by Boston Properties. The new development will have in-building parking with provisions for 300 electric vehicle chargers, a conference center and direct access to the newly built Silver Line of Washington’s Metrorail. VWGoA is working with Boston Properties on the features and design of the new space.
“A company focused on the future of mobility needs a future-proof workspace to match those ambitions,” said Scott Keogh, President and CEO of Volkswagen Group of America. “This space is designed from the start to be efficient, collaborative and bring our team under one roof so we can keep and attract top talent.”
Last year, Volkswagen began construction on an expansion of its vehicle manufacturing plant in Chattanooga, Tennessee for the eventual production of electric vehicles. This summer, VWGoA opened a new port facility in Baltimore, Md. and will break ground on an electric-vehicle battery test lab in Chattanooga next month.
“We are thrilled that Volkswagen has chosen Reston Town Center for their North American headquarters,” said Peter Johnston, Executive Vice President, Washington, D.C. Region for Boston Properties. “Companies looking to recruit and retain the best and brightest talent continue to be drawn to Reston and Reston Town Center as the ideal location to grow their organizations.”
About Volkswagen Group of America, Inc.
Volkswagen Group of America, Inc. (VWGoA) is a wholly owned subsidiary of Volkswagen AG, one of the world’s leading automobile manufacturers and the largest carmaker in Europe. VWGoA operates a manufacturing plant in Chattanooga, Tenn. and houses the U.S. operations of a worldwide family of distinguished and exciting brands including Audi, Bentley, Bugatti, Lamborghini and Volkswagen, as well as VW Credit, Inc. Founded in 1955, the company’s headquarters are in Herndon, Va. The company has 8,000 employees in the United States and sells its vehicles through a network of nearly 1,000 dealers.