Plano is offering AT&T a $20 million incentive package and a 65% property tax rebate over 25 years to establish its new global headquarters in the city. The telecom giant must invest a minimum of $1.4 billion in construction, build 2 million square feet of space, employ 10,000 workers, and occupy the site for 25 years. This move is expected to have significant economic implications for downtown Dallas, AT&T’s previous home.
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Plano offers $20M in incentives for AT&T’s new multibillion-dollar HQ
Plano is offering AT&T a $20 million incentive package and a 65% property tax rebate over 25 years to establish its new global headquarters in the city. The telecom giant must invest a minimum of $1.4 billion in construction, build 2 million square feet of space, employ 10,000 workers, and occupy the site for 25 years. This move is expected to have significant economic implications for downtown Dallas, AT&T’s previous home.