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MegadealsSubsidy Tracker Individual Entry
Company: Ochsner Clinic Foundation
Parent Company:
Subsidy Source: State
Location: Louisiana
City: New Orleans
County: Jefferson
Address: 1514 Jefferson Hwy
Zip: 70121
Project Description: The project includes the construction of a seven story addition above the existing seven story critical care tower. Six of the seven new floors are for patient rooms and one is a mechanical floor required to provide building services to the other six. At the current time, three of the six patient room floors will be built-out with the remaining three patient care floors ''shelled out'' for future expansion. This addition will create 627 net new full time jobs.
Year: 2020
Subsidy Value: $2,863,143
Program Name: Enterprise Zone
Awarding Agency: Louisiana Economic Development
Type of Subsidy: tax credit
Number of Jobs or Training Slots: 6,210
Wage Data: $629,863,910
Wage Data Type: Estimated Total Payroll
Capital Investment: $149,076,231
Source of Data:
(click here)
Notes: Year is application board approval date. Subsidy is the sum of Estimated 5 Year Payroll Credit and Estimated 5 Year S&U or Investment Tax Credit. Jobs is the sum of estimated 5 year new jobs, existing jobs, and estimated construction jobs, which equals the estimated total jobs. Wage data is the sum of estimated 5 year payroll, existing payroll, and estimated construction payroll, which equals the estimated total payroll. Investment data is the sum of Estimated Building And Material, Estimated Machinery And Equipment, and Estimated Labor And Engineering which equals the Total Estimated Investment.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.