Subsidy Tracker Individual Entry
software company headquarters relocation within a state
The value of the property tax exemptions was taken form: Daniel G. Fricker, "Compuware banks on $52-million loophole," Detroit Free Press, December 4, 1999. The value of brownfield tax credit was taken from: Dawson Bell, "Another Compuware break in works," Detroit Free Press, April 7, 2000.
The main subsidy package was assembled by the city of Detroit in connection with Compuware's decision to move its headquarters from suburban Farmington Hills to downtown Detroit. The city agreed to exempt both the headquarters building as well as equipment in the building from property taxes, a savings of $70 million for the company. The state legislature later approved a $30 million Single Business Tax Credit for the project. Overlaps with main Subsidy Tracker data: none.