Prescient Edge moving headquarters to Chicago

SHARE Prescient Edge moving headquarters to Chicago

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.

The Latest
The Hawks have conceded the first goal in eight consecutive games. And after falling 7-2 on Sunday, they’ve now lost seven games in a row. The trends are no coincidence.
Tim Degnan a trusted point man, was key to Richard M. Daley’s political, policy success. As a lawmaker, he raised funds for the new Comiskey Park to keep the White Sox in Chicago.
“Fuentes is among the most prominent and unapologetic antisemites around,” David Goldenberg, the Anti-Defamation League director of the Midwest regional office, told the Chicago Sun-Times on Sunday.
The Bears’ very, very bad day started with quarterback musical chairs and went down from there.