Company: Omni Hotels Parent Company: TRT Holdings Subsidy Source: multiple Location: Tennessee City: Nashville Project Description: convention center hotel Year: 2010 Major Industry of Parent: diversified Specific Industry of Parent: diversified Subsidy Value: $128,000,000 Program Name: multiple Awarding Agency: multiple Type of Subsidy:
Capital Investment: $273,000,000 Source of Data: The subsidy value and breakdown as well as the projected investment were reported in: Michael Cass, "Omni hotel gains Metro approval," The Tennessean, October 20, 2010. Notes: The subsidy package, offered for a hotel that would be part of the Music City Center project, consisted of $103 million in tourism tax rebates over 20 years as well as $25 million for land acquisition and a 62.5 percent property tax abatement. Overlaps with main Subsidy Tracker data: none. Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.