Hyundai Motors North America on Wednesday released the first details about its new $150-million U.S. headquarters.
The company says the new building, designed by the Gensler firm, will be approximately 419,000 square feet and six stories high. It includes floating translucent glass floors and an interior courtyard. A showroom of Hyundai vehicles will be visible from nearby Interstate 405.
An adjacent parking structure will also be built on the site.
“This new national headquarters represents Hyundai’s vision for the future and reflects the innovation and creativity that our brand has come to represent,” said Hyundai Motor America CEO John Krafcik.
“It also reflects our commitment to invest in and benefit the communities in which we operate around the world.”
Construction of the new building is expected to begin in spring 2012, and is projected to generate approximately 1,530 direct and indirect jobs during the estimated 19-month building process. The building is slated for completion by the fall of 2013.
Hyundai Motor America has been based in Fountain Valley for the past 20 years.
The announcement comes shortly after the company (Hyundai Motor and affiliate Kia Motors) said it aims to boost global vehicle sales by 6 percent this year to a combined 7 million vehicles, which would mark a slowdown for a duo that has enjoyed double-digit sales rises in recent years.