Lamont trusts Philip Morris to move into former UBS headquarters in Stamford


STAMFORD – Tobacco giant Philip Morris International, which pledged earlier this year to move its main offices to Connecticut, is set to open its new headquarters in a downtown office complex, with several elected officials including the U.S. representative Jim Himes and Governor Ned Lamont said Monday.

Himes and Lamont have indicated that PMI will move to 677 Washington Blvd., which is a few yards from Interstate 95 and the main Metro-North Railroad station in Stamford. PMI is generally expected to pick a site in southwest Connecticut after announcing in June that it would move its main offices from Manhattan to somewhere in the state and create around 200 jobs.

“You see the old UBS building (at 677 Washington)… Of course, World Wrestling Entertainment is moving in now. Philip Morris International is moving in,” Himes, a seven-term Democrat, said Monday at a dedication ceremony for the World Wrestling Entertainment. works. for the new parking lot next to the station. “It will truly be a business hub, a progressive business hub.”

“They were looking for a variety of different places in Greenwich and Stamford mainly,” Himes added. “And the governor and I say hello because we think they’ve made a commitment to enter the old UBS building.”

Later that day, Lamont was in New Haven for the Connecticut retail sports betting launch when he expressed confidence in PMI’s move to 677 Washington.

“I would bet on that,” Lamont said.

“They are watching him,” he added. “They wanted a place within walking distance (from the station). I think that’s probably their # 1 pick, and I think you’ll have something final within 48 hours.

In response to a request from Hearst Connecticut Media, PMI released a statement confirming its intention to relocate to Connecticut. But the company did not commit to a specific location or respond directly to comments from Himes and Lamont.

“We will make an announcement once our exact location is finalized, and we expect our new headquarters to be operational by summer 2022,” the statement said. “Initially, the Connecticut team will consist of approximately 200 US employees. Over time, additional staff may move or be hired to support our efforts. “

A message left with commercial real estate company George Comfort & Sons, whose properties include 677 Washington, was not immediately returned. Stamford Mayor David Martin declined to comment on PMI.

The arrival of PMI, which sells brands of cigarettes such as Marlboro and smokeless tobacco products outside the United States, will increase the number of Fortune 500 companies headquartered in Connecticut at 15. As the No. 101 company on this year’s Fortune list, PMI generated nearly $ 29 billion in revenue in 2020.

PMI does not sell or market tobacco products in the United States. Philip Morris USA – a subsidiary of the Altria group, from which PMI emerged in 2008 – dominates the cigarette market in the country. Marlboro is the best-selling brand of Philip Morris USA.

As Himes noted, other upcoming arrivals to the approximately 700,000 square foot complex at 677 Washington include WWE, which is now headquartered on the East Side of Stamford at 1241 E. Main St.

WWE announced in March 2019 its decision to move its headquarters to 677 Washington and lease approximately 415,000 square feet for office space and a production facility.

The disruption from the COVID-19 pandemic has delayed the relocation, but WWE officials recently said the company plans to begin its move in the fourth quarter of 2022.

Those additions, combined with arrivals over the past two years such as professional services firm KPMG and architectural firm Perkins Eastman, highlighted a striking recovery for 677 Washington. For a few years, it had become the largest vacant office building in the city after international banking giant UBS in 2016 moved its local offices to a smaller space across the street at 600 Washington Blvd., amid significant job losses.

Adjacent to the office tower at 677 Washington, WWE’s production center will be housed in a sprawling pavilion where UBS once operated one of the world’s trading floors.

Editors Verónica Del Valle and John Moritz contributed to the writing of this article.

[email protected]; twitter: @paulschott

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