by Joey Garrison, Nov 19, 2012
The nation’s largest private hospital chain is close to landing Metro’s
third-most-generous financial incentive package ever, totaling a
projected $66 million, in exchange for filling a prominent midtown
eyesore with headquarters offices and bringing 1,750 new jobs to
Davidson County.
.....
Dean has aggressively pursued direct incentives to companies during
his time in his office, while his predecessor Bill Purcell never
executed the strategy. The current mayor’s approach has only a handful
of council skeptics.
“I feel like a broken record,” said
Councilman Josh Stites, who has voted against tax breaks awarded to
LifePoint Hospitals Inc. and Ryman Hospitality Properties over the past
year. He intends to do the same with HCA. “You can look at downtown and
there are some buildings that shaped downtown, as this would do for West
End, that received zero tax abatements.
“It is a huge fallacy to say that we have to give tax abatements in order for these companies to come here.” (continue reading)
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