DANVILLE — By early next year, PRA Group plans to fill the former Telvista building with hundreds of employees.
The debt collection company will hold job fairs soon and begin hiring workers in January, the company said earlier this week.
Advertising for positions will begin in early December through PRA’s website, Indeed and LinkedIn, and through the Virginia Employment Commission office in Danville.
Operations are expected to begin soon after renovations are completed and new employees are trained.
The company, based in Norfolk, held a ribbon-cutting ceremony Monday at the center in Airside Park, where it will operate its debt-collection center with the promise to hire 300 employees over three years.
Company officials initially announced the project in December 2018, citing plans for 500 employees and an investment of $15 million. Hiring was to begin last spring. But those numbers changed, including the investment total — it’s now $11 million.
As a result of that reduction, state and local incentives for PRA were also decreased. City and state agencies initially had offered about $5.7 million in loans and grants for the project.
Now, the incentives package is valued at about $4 million.
PRA paid about $6 million for the former Telvista property, which has about 60,000 square feet.
Telvista operated a call center for 13 years until it closed in early 2018. About 300 jobs were lost.
PRA President and CEO Kevin Stevenson said employees should average salaries of about $19 to $20 per hour.
He also hinted at a possible expansion. The company provides the software for its computer system in-house, but would like to possibly increase that department, he said.
PRA employs about 5,000 worldwide and has major banks among its clients. It has locations in 17 countries and about half of its 5,000 employees are in Virginia, Stevenson said.