Invest Atlanta Welcomes PulteGroup to Buckhead

Today Invest Atlanta hosted a welcome event for PulteGroup CEO Richard Dugas at Capital City Plaza in Buckhead. The event was held before Governor Nathan Deal and Mayor Kasim Reed officially welcomed the company to Atlanta.

"I could not be more pleased to welcome Richard Dugas and more than 300 PulteGroup employees to their new corporate headquarters in the City of Atlanta," said Mayor Reed. "This relocation is a prime example of our city’s continued strength as a great place for business and will create more well-paying jobs. We have the right mix of talent, great neighborhoods and a business-friendly environment that makes our city a top choice for companies ranging from international corporations to entrepreneurial start-ups. In Atlanta, PulteGroup will be right at home.”

Invest Atlanta, along with the Georgia Department of Economic Development and the Metro Atlanta Chamber, played a leading role in choosing the new location of PulteGroup’s headquarters. The company will occupy 100,000 square feet of Class A office space in Capital City Plaza.

“A corporate headquarters relocation of this magnitude is rare and fantastic news for the City of Atlanta, especially the arrival of a company that is a regular on the Fortune 500 list,” said Brian P. McGowan, President and CEO of Invest Atlanta. “As Pulte ramps up operations in our city, they will create new jobs for our residents, grow our tax base and support existing small businesses. This was a tough competition, but Pulte chose the city of Atlanta over other major U.S. cities because this city consistently demonstrates its commitment to sustaining business investments and is able to attract top talent from all over the world.”

The leading homebuilder announced its plan to relocate its corporate headquarters from Michigan to Atlanta in May. PulteGroup’s move will create 310 high-paying new jobs. The relocation will be complete in 2014.

At-Large Atlanta City Councilmember Aaron Watson noted, “It is a delight to have PulteGroup bring its headquarters to the Buckhead Central Business District. We look forward to PulteGroup becoming integrated in our City’s civic and economic fabric, particularly as they begin hiring our fine citizens. ”

"Bringing PulteGroup to Atlanta is a huge win for the city and for Buckhead, which is already a thriving haven for the best real estate, shopping and housing," said Howard Shook, council member, District 7. "The company will provide jobs for our highly skilled workforce and quality homes for our residents. This is a great example of how successful we continue to be in attracting top companies to our world-class city."

“As a board member, I’m delighted to have PulteGroup in Atlanta to facilitate even more job growth and economic development in the city,” said Joyce Shepherd, council member, District 12, who sits on the Invest Atlanta board. “As we bring major companies throughout the city of Atlanta, PulteGroup is another example.”

PulteGroup, Inc. operates Pulte Homes, Centex Homes and Del Webb. The company, which is number 501 on the Fortune 1,000 list, develops and builds communities in 28 states across the U.S.

About Invest Atlanta

Invest Atlanta is the official economic development authority for the City of Atlanta. Its purpose is to strengthen Atlanta’s economy and global competitiveness in order to create increased opportunity and prosperity for the people of Atlanta.

Chaired by the Mayor of Atlanta, and governed by a nine-member board of directors, Invest Atlanta’s programs and initiatives focus on developing and fostering public/private partnerships to create jobs, grow the economy, revitalize neighborhoods, attract investment, spur innovation, and encourage entrepreneurship. To achieve these goals, Invest Atlanta leverages the benefits of bond financing, revolving loan funds, housing financing, tax increment financing (TIF), and tax credits.   

About PulteGroup

PulteGroup, Inc. (NYSE: PHM), based in Bloomfield Hills, Mich., is one of America's largest homebuilding companies with operations in approximately 55 markets throughout the country. Through its brand portfolio that includes Centex, Pulte Homes and Del Webb, the company is one of the industry's most versatile homebuilders able to meet the needs of multiple buyer groups and respond to changing consumer demand. PulteGroup conducts extensive research to provide homebuyers with innovative solutions and new homes designed for the way people actually live today. As the most awarded homebuilder in customer satisfaction, PulteGroup brands have consistently ranked among top homebuilders in third-party customer satisfaction studies.

For more information about PulteGroup, Inc. and PulteGroup brands, go towww.pultegroupinc.com; www.pulte.com; www.centex.com; andwww.delwebb.com.