Metro Council Discusses Incentives for HCA Expansion
by Emily Luxen
NASHVILLE, Tenn.- Metro Council members have moved one step closer to approving incentives for a company that could bring thousands of jobs to Nashville.
Hospital Corporation of America announced in September, it plans to move two of its companies into twin towers built on a 500,000 square foot space along West End Avenue. The move could bring up to 2,000 jobs to the city, that pay an average of $85,000 a year.
To make that happen, the city is considering giving the company a $3 million property tax break for the next 15 years. The city would also give HCA $500 for each new employee it brings to the city. The state of Tennessee is also offering additional money.
Council Member Lonnell Matthews believes it is all money well spent.
"Jobs are the number one issue on everyone's minds," said Matthews. "We have to find ways to bring high paying jobs that will support families to our city."
The proposed tax incentives for HCA will be discussed and voted on for a final time at the December council meeting. Council member Matthews says everything is still on track for the building to open in 2015.
Council Members also voted to rename a portion of 14th Ave. North "Curtis Senior Lane" in honor of a popular Nashville radio disc jockey. Curtis Senior was known as "Scooby" to his listeners on 101.1 "The Beat" passed away earlier this year. Council members will also vote on this proposal a third and final time in December.