Prescient Edge is moving its headquarters to downtown Chicago with expectations of adding hundreds of jobs.
The government services firm initially will create at least 60 full-time jobs here. The headquarters move from McLean,Virginia, was announced Wednesday by the company and Mayor Rahm Emanuel’s office.
Prescient Edge expects to spend $6.6 million on a 10-year lease and improvements for space at One Prudential Plaza. The company also looked at moving its headquarters to Miami and Charlotte, North Carolina.
“Chicago’s world-class infrastructure combined with the technical talent and energy we found in the workforce made the decision an easy one,” Prescient Edge CEO David Walsh said in a news release.
The company works with corporate, government and international clients on areas such as risk management, network security and training. It employs 75 people in offices in Virginia, Maryland and Washington, D.C.
Prescient Edge will receive a $1.69 million credit against its state income tax over the next 10 years.