Hyundai Motor America Unveils Details About New U.S. Headquarters Building in Fountain Valley, CA

News provided by

Jan 03, 2012, 05:49 ET

COSTA MESA, Calif., Jan. 3, 2012 /PRNewswire/ -- Today Hyundai Motor America released a rendering of its proposed new U.S. headquarters building in Fountain Valley, California, its U.S. base of operations for the past two decades. The new building will represent more than a $150 million investment, the largest amount ever committed to an office building in the U.S. by Hyundai Motor Company.

(Logo: http://photos.prnewswire.com/prnh/20091001/HYUNDAILOGO)

"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."

Designed by world-renowned architecture and design firm Gensler, the building will be LEED-certified, targeting the gold level. Leadership in Energy and Environmental Design (LEED) is an internationally recognized green building certification process assessing the sustainability of a building's design, construction and operations.

The building design is sleek and modern, yet classic, and built on a structural pedestal foundation with floating translucent glass floors above. The focal point of the building is its impressive two-story high entrance, which leads to an open-to-the sky public courtyard in the building's center. A showroom of Hyundai vehicles will be visible from the freeway side of the new structure.

The new headquarters building will be approximately 419,000 sq. ft. and six stories high. A one-story, 50,000 sq.ft. technical services facility connects to the main building. An adjacent parking structure will also be built on the site.

Demolition of the old headquarters building along the 405 San Diego Freeway is currently underway. 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. During the demolition and construction, Hyundai Motor America employees are in temporary office space in Costa Mesa, California.

HYUNDAI MOTOR AMERICA

Hyundai Motor America, headquartered in Fountain Valley, Calif., is a subsidiary of Hyundai Motor Co. of Korea. Hyundai vehicles are distributed throughout the United States by Hyundai Motor America and are sold and serviced through more than 800 dealerships nationwide. All Hyundai vehicles sold in the U.S. are covered by the Hyundai Assurance program, which includes the 5-year/60,000-mile fully transferable new vehicle warranty, Hyundai's 10-year/100,000-mile powertrain warranty and 5-years of complimentary Roadside Assistance.

Journalists are invited to visit our news media web site: www.hyundainews.com and follow us on Twitter at twitter.com/Hyundai.

SOURCE Hyundai Motor America