The Gilbert Town Council in Arizona will vote Thursday on an economic incentive for domain name registrar and hosting provider GoDaddy worth $836,000 in an effort to retain its Gilbert office.
“I think it was an important factor. I think just having the support from the town of Gilbert really meant a lot for GoDaddy,” said Calvin Crowder, vice president of Global Real Estate, on the company’s decision to remain in Gilbert.
The Development Agreement would see the Scottsdale-based company reimbursed $86,000 a year over 10 years for job training. The deal is contingent on the company maintaining at least 1,364 jobs a year and completing $15 million of improvements to the facility within five years.
“GoDaddy felt that their current Gilbert facility could not meet the needs of their workforce without significant improvements,” said a memo to the Town Council. The company started to consider sites inside and outside of Gilbert.
“They’re doing a national site selection search. We obviously want to retain those 1,300-plus employees. These are technology-oriented jobs in a proven company,” said Dan Henderson, Gilbert Economic Development director.
Improvements to the building should include energy-efficient cooling systems and LED lighting.
Source
“I think it was an important factor. I think just having the support from the town of Gilbert really meant a lot for GoDaddy,” said Calvin Crowder, vice president of Global Real Estate, on the company’s decision to remain in Gilbert.
The Development Agreement would see the Scottsdale-based company reimbursed $86,000 a year over 10 years for job training. The deal is contingent on the company maintaining at least 1,364 jobs a year and completing $15 million of improvements to the facility within five years.
“GoDaddy felt that their current Gilbert facility could not meet the needs of their workforce without significant improvements,” said a memo to the Town Council. The company started to consider sites inside and outside of Gilbert.
“They’re doing a national site selection search. We obviously want to retain those 1,300-plus employees. These are technology-oriented jobs in a proven company,” said Dan Henderson, Gilbert Economic Development director.
Improvements to the building should include energy-efficient cooling systems and LED lighting.
Source