Advanced Disposal HQ's to St Johns County?

[Jdog]

Very interesting. 

____________________________________________________________________________

St. Johns County approves incentive package for Advanced Disposal
Jacksonville Business Journal by Ashley Gurbal Kritzer, Reporter
Date: Tuesday, October 16, 2012
Ashley Gurbal Kritzer


The St. Johns County Commissioners on Tuesday unanimously approved a state and county incentive package worth $670,460 for Advanced Disposal Inc.

Advanced Disposal, based in Jacksonville, has applied for incentives to locate its corporate headquarters in Jacksonville, Milwaukee, Atlanta and Charlotte, N.C. The Jacksonville City Council last week approved an $895,000 incentive package for the company.

Melissa Glasgow, director of economic development for St. Johns County, said Advanced Disposal submitted its application for incentives late Friday. Advanced Disposal Chief Marketing Officer Mary O’Brien did not immediately return a phone call seeking comment.

Glasgow said the total incentive package could top $1 million, depending on additional state incentives that are available.

The package the St. Johns commissioners approved includes approval for expedited permitting and an economic development grant equal to two years tangible personal property tax, estimated to be $75,460.

The package also includes a state qualified target industry tax refund of $595,000 for the creation of 85 new jobs, which includes approved a 20 percent local match of $119,000.

“Apparently there are some existing buildings they are currently evaluating in St. Johns County,” Glasgow said, “And they wanted to know whether our board and county would support a request for an incentive package.”

Advanced Disposal has been shopping the Jacksonville commercial real estate market for about 25,000 square feet of office space. The company is looking for a new corporate headquarters following a series of acquisitions of other companies, including Milwaukee-based Veolia ES Solid Waste.

Economic development officials in Milwaukee have said that they are aggressively pursuing the company, though they had no idea they were on the company’s short list until they were contacted by The Business Journal of Greater Milwaukee, a sister publication.


http://www.bizjournals.com/jacksonville/news/2012/10/16/st-johns-county-approves-incentive.html

[downtownjag]

Pretty sure they're pissed off that a certain council member is causing a big stink.  Way to do what's in the best interest of the City. 

[Doctor_K]

Which Council Member?

[duvaldude08]

It seems to me they are still shopping around.. but they might be in a stink over the money thing. But whether the HQ is here or anywhere else, if they end up owing the city money, they will still owe the city money regardless of where they are. We'll see what happens I guess.

[fsquid]

still seems like it is less money than what the city is offering unless they can operate cheaper in the suburbs.

[downtownjag]

Which Council Member?

I don't want to name names, but only two council members voted against it...

[John P]

Schellenberger and Yarbourogh?

[ben says]

http://www.bizjournals.com/jacksonville/news/2012/12/03/sources-say-advanced-disposal-will.html

St. Johns County it is! Wow

[fsquid]

Either in Nocatee or St. Augustine.  Didn't see that coming.

[ben says]

Either in Nocatee or St. Augustine.  Didn't see that coming.

Neither did I. From what I understand, it's Nocatee. How's COJ lose this one?? It's not like they picked up and moved out of state. And, didn't we offer AD more money? 

[fsujax]

they probably knew all along that they wanted to be in St Johns County. This was a way for them to work the system so they could get some kind of "incentive" from St Johns to go there.

[Tacachale]

^That's what it sounds like to me.

[copperfiend]

It could be worse. They could have the area entirely.

[ben says]

It could be worse. They could have the area entirely.

I definitely agree. Just a curious move.

[fsujax]

i would be willing to bet one or more of the executives lives in Ponte Vedra, Nocatee area.