Weaver Capital Partners and WECCO will construct a $20 million building to house Ingevity’s new headquarters. Ingevity will invest an additional $5 million to upfit the building to accommodate at least 100 new jobs in the greater Charleston region. The building, designed by architect firm LS3P, will be a 110,000-square foot structure on a former brownfield site located at 4920 O’Hear Avenue.
The new facility will be within one mile of the Ingevity Technical Center, which currently houses the company’s headquarters and laboratory space, as well as its Innovation Center and one of its manufacturing facilities. Construction is expected to begin in late fall of 2018, with an estimated occupancy date of April 2020.
Following the relocation of Ingevity’s corporate functions, the Ingevity Technical Center will be refurbished to feature new, state-of-the-art laboratory space and offices for its technical teams.
“Ingevity has flourished in the North Charleston community for more than 70 years,” said Michael Wilson, Ingevity’s president and CEO. “As the largest publicly traded company by revenues in the Charleston region, we are proud to continue growing our roots in this community.”