Subsidy Tracker Individual Entry

Company: 
The Advisory Board Co.
Parent Company: 
Advisory Board Company
Subsidy Source: 
state
Location: 
District of Columbia
City: 
Washington
Address: 
655 New York Avenue NW
Project Description: 

corporate headquarters relocation

Year: 
2015
Major Industry of Parent: 
miscellaneous services
Specific Industry of Parent: 
healthcare and higher education consulting
Subsidy Value: 
$60,000,000
Program Name: 
Property Tax Abatement
Awarding Agency: 
D.C. Council
Type of Subsidy: 
MEGADEAL
Number of Jobs or Training Slots: 
1,000
Source of Data: 

The subsidy value and projected job number come from: Daniel J. Sernovitz, "D.C. Council gives final approval for Advisory Board HQ," Washington Business Journal, December 2, 2015; http://dmped.dc.gov/release/dc-council-gives-final-approval-advisory-boa...

Notes: 

The performance-based incentive is expected to yield about $6 million a year for ten years if the company meets its job-creation obligations. Overlaps with main Subsidy Tracker data: none.

Source Notes: 
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