Boston tech company LogMeIn will double the size of its Hub office thanks to a city tax break, a tool City Hall could use again to retain or lure other tech firms in the city, according to the mayor's office.
"It's an option that can be considered if we feel like it would result in shared success," said Melina Schuler, a spokeswoman for Mayor Martin J. Walsh. "These incentives are used on a limited, case-by-case basis."
Over the summer, Walsh said the city was working with another unnamed tech company to find a way to move them into Boston. Officials would not comment yesterday, and the status of the move is unknown.
LogMeIn, a public company with about 400 employees, will get a city real estate tax break to expand its Innovation District office on Summer Street across the street, a move that will essentially double the size of its Boston headquarters.
"Once upon a time, Greater Boston had a chance to keep Facebook. We can't afford to lose that kind of opportunity again," Walsh said at a Chamber of Commerce address yesterday. "We have to be in dialogue with these innovators from the moment their dreams take shape. And if there is something we can do to help them stay and grow in Boston, we shouldn't hesitate."
LogMeIn, which provides cloud access services, will receive a $2.5 million real estate tax break over 13 years, on the condition that it adds 450 jobs.
"It was clear that it was a shared vision, something we could partner on," said Craig VerColen, a spokesman for LogMeIn. "We've always had a pretty close relationship with the mayor's office."
The company plans to move into its new digs in 2016, after construction is completed to fix the building that saw an 8-alarm fire tear through the structure just over a year ago. The total cost of construction for the new office will be $37.7 million.
The City Council approved the tax break — technically a tax increment financing — proposed by the mayor yesterday.
LogMeIn's office was one of the first in what has become one of the fastest growing areas in the region, attracting startups and larger tech companies in droves.
"I think LogMeIn could go anywhere they want," said Chris Anderson, president of the Massachusetts High Technology Council. "There's an obvious inclination to make your community more attractive."
Anda sedang membaca artikel tentang
LogMeIn won’t be logging out
Dengan url
http://sedangapasaja.blogspot.com/2014/12/logmein-wonat-be-logging-out.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
LogMeIn won’t be logging out
namun jangan lupa untuk meletakkan link
LogMeIn won’t be logging out
sebagai sumbernya
0 komentar:
Posting Komentar