Council approves $66M tax incentive to bring HCA to Nashville - WKRN, Nashville News, Nashville Weather and Sports

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:

• Nov. 20, 2012: HCA deal to bring jobs to Nashville at cost
• Sept. 27, 2012: HCA to invest $200M in new corporate headquarters
• May 19, 2011: What's next for stalled downtown development?