Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
UPS Subsidiaries
UPS Information Technology
Innoplex Closing in Atlanta
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Catatonic" data-source="post: 1076388" data-attributes="member: 7966"><p><strong>Innoplex</strong> was sold recently:</p><p></p><p><span style="color: #b22222">Note that GM will receive $3.5 M tax credits for creating the 1000 jobs.</span></p><p></p><p> GM pays $18.5 million for Roswell technology center</p><p>Date: Thursday, January 3, 2013, 5:48pm EST</p><p></p><p></p><p>GM pays $18.5 million for Roswell technology center - Atlanta Business Chronicle</p><p></p><p>General Motors Co. paid $18.5 million for a Roswell building that will become GM’s new technology center, employing at least 1,000 workers, according to Fulton County records.</p><p>GM bought the almost 230,000-square-foot building at Mansell and Warsaw roads that United Parcel Service Inc. once used as the centerpiece of a 25-acre campus designed for information technology, marketing and communications workers.</p><p>UPS, which later moved its world headquarters to Sandy Springs, aimed to sell the building at 2010 Warsaw Road for about $21 million, according to people familiar with the process.</p><p>Now, GM will convert the building into a software development center, one of several planned in the United States.</p><p>Last October, Atlanta Business Chronicle reported GM had zeroed in on Atlanta.</p><p>More recently, GM focused on two north Fulton buildings along Georgia 400, where it would put the technology center. The other was Cobalt Center in Alpharetta, formerly used by AT&T Inc.</p><p></p><p></p><p>The UPS building had the edge because of its campus setting and its location in an opportunity zone, or areas local governments have designated for economic redevelopment incentives because they have a poverty rate of 15 percent or higher. <span style="color: #b22222">By putting the software development center inside an opportunity zone, GM is eligible for an annual income tax credit of $3,500 for each job it creates</span>.</p><p></p><p></p><p>Last year, GM said it planned to hire 10,000 computer workers at four new technology innovation centers across the United States.</p></blockquote><p></p>
[QUOTE="Catatonic, post: 1076388, member: 7966"] [B]Innoplex[/B] was sold recently: [COLOR=#b22222]Note that GM will receive $3.5 M tax credits for creating the 1000 jobs.[/COLOR] GM pays $18.5 million for Roswell technology center Date: Thursday, January 3, 2013, 5:48pm EST GM pays $18.5 million for Roswell technology center - Atlanta Business Chronicle General Motors Co. paid $18.5 million for a Roswell building that will become GM’s new technology center, employing at least 1,000 workers, according to Fulton County records. GM bought the almost 230,000-square-foot building at Mansell and Warsaw roads that United Parcel Service Inc. once used as the centerpiece of a 25-acre campus designed for information technology, marketing and communications workers. UPS, which later moved its world headquarters to Sandy Springs, aimed to sell the building at 2010 Warsaw Road for about $21 million, according to people familiar with the process. Now, GM will convert the building into a software development center, one of several planned in the United States. Last October, Atlanta Business Chronicle reported GM had zeroed in on Atlanta. More recently, GM focused on two north Fulton buildings along Georgia 400, where it would put the technology center. The other was Cobalt Center in Alpharetta, formerly used by AT&T Inc. The UPS building had the edge because of its campus setting and its location in an opportunity zone, or areas local governments have designated for economic redevelopment incentives because they have a poverty rate of 15 percent or higher. [COLOR=#b22222]By putting the software development center inside an opportunity zone, GM is eligible for an annual income tax credit of $3,500 for each job it creates[/COLOR]. Last year, GM said it planned to hire 10,000 computer workers at four new technology innovation centers across the United States. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
UPS Subsidiaries
UPS Information Technology
Innoplex Closing in Atlanta
Top