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
The state-sanctioned urbicide of Austin
People don’t kill cities. Freeways do.
US to reduce Colorado River water deliveries to Mexico
A new Colorado Treaty amendment reduces Mexico’s Colorado River water allocation by 250,000 acre feet.
New Jersey’s second-largest city bans standalone data centers
Jersey City will continue to allow co-location facilities, such as those meant for research institutions that store their own data.
Amtrak not solely to blame for New Jersey commuter rail's unreliability, report finds
A new study from the Garden State Initiative found that NJ Transit’s budget grew 20% across a 4 year period, but reliability declined significantly over the same period.
EPA erases limits on planet-warming pollution from power plants
Under Monday’s plan, power plants would still have some limits on how much mercury, arsenic and other contaminants they can emit.
Phoenix announces new on-demand transit service, more frequent RAPID buses
Both new services will launch in October, and are part of Phoenix's Project Effective Access Solutions for Easing Congestion.
FREE Course: Walkable City 1: Why Walkability?
After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.
Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold
The course focuses on the opportunities and imperatives that shape reinvention of mall sites.
Eagle County Government
Harvard University Graduate School of Design
Nashville Planning Department
The Architects Foundation
University of Cincinnati Online
The Pocatello Development Authority
The Urban Renewal Agency of the City of Pocatello
Journal of the American Planning Association