Nashville was a surprise benefactor of the Amazon HQ2 announcement earlier this month. Amazon will definitely benefit from the deal as well.
"[Tennessee] officials on Tuesday announced the deal for Amazon's Operations Center of Excellence to be housed at the new Nashville Yards development in downtown near The Gulch," reports Joey Garrison
A total of $102 million in government incentives is headed to Amazon in the deal that was a surprise twist in the HQ2 saga that culminated earlier this month.
The state of Tennessee has set a precedent for offering lucrative deals to companies in exchange for economic development opportunities. "It's one of the most lucrative state incentive packages ever for Nashville, but an amount considerably less than was awarded to Volkwagen, Nissan and Hemlock Semiconductor for other past economic development announcements in Tennessee," according to Garrison.
"The 'performance-based direct incentives' are contingent on the company creating 5,000 jobs with an average wage of more than $150,000," adds Garrison. Incentives include cash grants and job tax credits. More details of the incentives are included in the source article.
FULL STORY: Here's what incentives Tennessee, Nashville have promised Amazon in exchange for 5,000 new jobs
New Amazon HQ2 Renderings Reveal a Futuristic Look for Northern Virginia
Renderings for the second phase of Amazon's second headquarters in Northern Virginia grabbed a lot of attention today.
Amazon's New Home in New York a 'Distressed' Opportunity Zone
Concerns about the Opportunity Zone program created by the GOP tax bill passed in the waning hours of 2017—that it would enable gentrification and displacement for the profit of wealthy investors—won't be assuaged by this news.
Watch Saturday Night Live's Hilarious Take on Amazon's HQ2 Decision
Saturday Night Love comes up with a novel hot take on the thinking behind Amazon's decision to split its new second headquarters between New York City and Northern Virginia.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
San Francisco's School District Spent $105M To Build Affordable Housing for Teachers — And That's Just the Beginning
SFUSD joins a growing list of school districts using their land holdings to address housing affordability challenges faced by their own employees.
The Tiny, Adorable $7,000 Car Turning Japan Onto EVs
The single seat Mibot charges from a regular plug as quickly as an iPad, and is about half the price of an average EV.
As Trump Phases Out FEMA, Is It Time to Flee the Floodplains?
With less federal funding available for disaster relief efforts, the need to relocate at-risk communities is more urgent than ever.
With Protected Lanes, 460% More People Commute by Bike
For those needing more ammo, more data proving what we already knew is here.
In More Metros Than You’d Think, Suburbs are Now More Expensive Than the City
If you're moving to the burbs to save on square footage, data shows you should think again.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Smith Gee Studio
City of Charlotte
City of Camden Redevelopment Agency
City of Astoria
Transportation Research & Education Center (TREC) at Portland State University
US High Speed Rail Association
City of Camden Redevelopment Agency
Municipality of Princeton (NJ)