Booz Allen Hamilton Relocating Offices To Bethesda

The global technology consulting and engineering firm will retain about 750 employees with help from the Maryland Economic Development Assistance Authority and Fund.

Booz Allen Hamilton will relocate its offices from Rockville, MD to a new 65,000-square-foot facility in Bethesda by the end of 2019. The global technology consulting and engineering firm, which has more than 3,800 employees in locations across Maryland, will retain about 750 employees in Montgomery County at the new state-of-the art workplace designed to promote collaboration and innovation.

Bethesda MD
Rendering: JBG Smith Properties

To assist with costs of the relocation, the Maryland Department of Commerce has approved a $750,000 conditional loan through the Maryland Economic Development Assistance Authority and Fund (MEDAAF). Montgomery County is also providing a $250,000 conditional grant for costs related to Booz Allen Hamilton’s relocation.

“The nature of work is changing rapidly, and we are taking steps to ensure that our offices reflect that change,” said Deane Edelman, vice president, Booz Allen Hamilton. “We’re providing our employees with open and inspiring workspaces that encourage collaboration and innovation and allow us to continue to attract and retain the best talent who look for a dynamic work environment. We are very appreciative of the State of Maryland and Montgomery County for helping facilitate our new presence in Bethesda.”

Booz Allen Hamilton has been at the forefront of strategy and technology for more than 100 years providing management and technology consulting and engineering services to leading Fortune 500 corporations, governments, and not-for-profits across the globe. Booz Allen partners with public and private sector clients to solve their most difficult challenges through a combination of consulting, analytics, mission operations, technology, systems delivery, cyber security, engineering, and innovation expertise. The company has eight locations in Maryland.

“As Booz Allen Hamilton continues to lead the way as a global leader in innovation, Montgomery County’s advantages will be increasingly important to the company’s future growth and market reach,” said County Executive Isiah Leggett. “With a move to Bethesda, the company gains a strategic hub in a walkable, amenity-rich urban district that will help attract the best and the brightest.”

“Bethesda is an ideal location for Booz Allen Hamilton’s continued success in the region,” added Montgomery County Economic Development Corporation (MCEDC) President & CEO David Petr. “Montgomery County is able to attract and retain many forward-thinking companies with our access to a highly educated workforce, great connectivity and exceptional location for business success.”

Relocating or Expanding Your Business In Maryland

Considering Maryland for your company’s relocation or expansion project? Check out Business Facilities’ Maryland Incentives and Workforce Development Guide.

Daily News, Economic Development, Featured, Incentives, Taxes & Financing, Industries, Maryland, Office, Site Selection Factors, USA - Mid Atlantic, Workforce Development

Booz Allen Hamilton, Business Incentives, Employment, Expansion, Maryland Economic Development, Montgomery County, relocation, Site Selection

Sponsored Content
Featured Location
Featured Video

Webinars, Podcasts & Videos

Camp Hall – A Next Generation Commerce Park in South Carolina

Camp Hall is a first-of-its-kind, master-planned industrial work space located in Charleston, S.C. As a convergence of people, place and programming, Camp Hall delivers thoughtful infrastructure and logistical features that empower people — and business — to thrive.

Hear from leaders at the Destination Medical Center and Mayo Clinic Business Development in Rochester about why they feel Minnesota is filled with opportunities for founders and why investors should consider the power of startups in Minnesota.

Business Benefits In Minnesota, a Mayo Clinic Business Development and Destination Medical Center Perspective

Hear from leaders at the Destination Medical Center and Mayo Clinic Business Development in Rochester about why they feel Minnesota is filled with opportunities for founders and why investors should consider the power of startups in Minnesota.

Agricultural Heritage Meets Strong Manufacturing Base With a rich history in agriculture, the region is now made up of a strong manufacturing base, including everything from snack foods and Gatorade, to leading human resources software and revolutionary plug-less power systems for electric vehicles. Mount Rogers Regional Partnership's strategic East Coast location is the driving force.

Virginia’s i81-i77 Crossroads | Talent Retention & Manufacturing

Learn about manufacturing jobs and facilities in the Mount Rogers region of southwest Virginia. There is ample opportunity for education and jobs in a region rich with culture and heritage.

Share to...