A mortgage company headed by a former Carolina Panthers player broke ground Monday on new headquarters in Indian Land, where it will move jobs from Charlotte and elsewhere in exchange for incentives from South Carolina.
South Carolina Gov. Nikki Haley attended the event marking the start of construction on Movement Mortgage’s new headquarters. The company, whose CEO and co-founder is former Panthers tight end Casey Crawford, is getting $53 million in tax incentives from South Carolina to bring more than 650 jobs to Lancaster County.
Under the deal announced in January, Movement is relocating its Virginia Beach, Va., headquarters to Bailes Ridge Business Park near S.C. 160 and Calvin Hall Road. The company also will move 200 jobs from Charlotte’s Ballantyne Corporate Park to the Bailes Ridge headquarters after it opens.
At the groundbreaking event, Haley called Movement Mortgage “perfectly suited for South Carolina” because the company is “completely committed to customer service.”
Digital Access for only $0.99
For the most comprehensive local coverage, subscribe today.
South Carolina is also “in the customer service business,” Haley said.
“Any company that’s on the move, that’s new and energetic and successful, that’s who we are as a state.”
Construction on the 104,000-square-foot headquarters is expected to be completed in March 2016. Movement will invest $22 million to build the headquarters.
The company said the benefits of the new headquarters will include increased efficiency and productivity.
Movement was founded in 2008 with four employees. The company says it now employs 1,600 in 40 states.
Monday’s groundbreaking marks the latest start of construction on the headquarters of a company shifting jobs from the Charlotte area to South Carolina.
Last month, financial services firm LPL Financial broke ground in Fort Mill, where it plans to relocate 1,200 employees from Charlotte. LPL is receiving an incentives package from South Carolina, including $2 million to help prepare its site in the Kingsley Park development, off Interstate 77 across from Baxter Village.
Last year, Lash Group, a health care consulting company, also announced it is relocating about 1,200 Charlotte employees to Kingsley Park in a new headquarters operation.
In January, Crawford said an incentives package offered by North Carolina to retain Movement Mortgagewas not competitive with the package South Carolina offered.