One of Chattanooga’s biggest accounting firms is growing its office footprint in the largest expansion in its 41-year history with plans for a new four-story building downtown.
HHM CPAs has outgrown existing space at the historic Freight Depot on Market Street and is adding the 30,000-square-foot structure on an adjacent King Street parking lot the firm owns, said Beverly Edge, chief operating officer and general counsel for HHM.
Edge said in an interview that the firm will continue to occupy the Freight Depot and move some of the existing staff to the new building. An affiliate, HHM Wealth Advisors, also will shift to the new tower, which will provide space for future growth for the firm, she said.
Plans are to start construction within a month or two and open in late 2023, Edge said.
“We need this space,” she said, noting the firm’s staff in Chattanooga has increased to about 150 people. “We’ve grown a lot.”