Burns & McDonnell_Denver RFP Response_FLIP BOOK
INCENTIVES CASE STUDIES Business Incentives Practice
MANUFACTURING AND RESEARCH FACILITY Raleigh/Durham, North Carolina
PROJECT OVERVIEW Company was looking to establish a new manufacturing facility in Philadelphia, PA; Boston, MA; or Raleigh/Durham NC. C&W professionals were engaged to help the Company develop and conduct an overview of the incentives of all three locations. C&W reviewed the project details and secured incentive offers from both the State and Local Governments
CLIENT Adverum Biotechnologies
JOBS CREATED 202 New Jobs
INVESTMENT $82 Million
THE SOLUTION It was determined that based on the overall capital investment and job creation, along with being a Life Sciences Company there ideology would fit best with either Boston, MA or Raleigh/Durham, North Carolina. C&W’s incentives team evaluated all the locations from an incentives perspectives, which culminated into a final incentives savings number that the company could realize and utilize against there operating expenses. Adverum officials decided to establish facilities in North Carolina.
RESULTS ACHIEVED C&W professionals secured
approval from each of the project stages of the approval process. Final approval at both the State and local level have been granted at the full board meetings. C&W lead the process at the state level and local level and ultimately secured a total incentives package valued at $9,400,000 in Jobs Tax Rebates, Grant Funds, Sales Tax Exemptions, Utility Discounts and Training Funds.
TOTAL INCENTIVES $9,400,000
39 RFP for Real Estate Services BURNS & MCDONNELL
Copyright © 2015 Cushman & Wakefield. All rights reserved.
Made with FlippingBook - professional solution for displaying marketing and sales documents online