Council approves $66M tax incentive to bring HCA to Nashville - WKRN News 2

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

Posted:
NASHVILLE, Tenn. -

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:

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WKRN (Young Broadcasting station). All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.