Council approves $66M tax incentive to bring HCA to Nashville

Council approves $66M tax incentive to bring HCA to Nashville (Image 1)
Council approves $66M tax incentive to bring HCA to Nashville (Image 1)

On Tuesday night, the Metro Council approved the biggest tax incentives deal in recent history, totaling $66 million, in order to bring HCA and thousands of jobs to West End.

HCA is expected to bring nearly 2,000 executive level jobs to Music City and develop a vacant part of West End into their corporate headquarters.

In exchange, Nashville will offer a tax abatement up to 20 years, $1 million in relocation fees and an annual incentive payment of $500 per new employee.

Construction on the Midtown building is set to be complete by early 2015.

Previous Stories:

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s