Mythics, a Virginia Beach-based technology company, plans to move its corporate headquarters to 4525 Main Street Tower in Town Center from a location on North Great Neck Road.
In addition to relocating 143 full-time employees, Mythics also plans to add 30 full-time positions. The capital investment in real estate improvements, business property, and machinery and tools exceeds $7.5 million, according to a city news release. Mythics plans to lease the top floor of the Town Center building and the majority of the 8th floor.
Founded in Virginia Beach in 2000, Mythics’ services and work include software, hardware and technology applications for local, state and federal government, higher education and healthcare sector clients.
The Virginia Beach Economic Development Authority approved an Economic Development Investment Program grant of $250,000 based on capital investment. The city said the grant will offset Mythics’ investment in real estate improvements and business equipment.
"This was a highly competitive relocation effort,” said Warren Harris, Virginia Beach’s economic development director. “Mythics is a homegrown success story that started in a living room and has since grown to $900 million-plus in sales. We see this location decision as a testament to Town Center as a corporate headquarters destination.”