Subsidy Tracker Individual Entry

Company: 
ServiceMaster Global Holdings, Inc.
Parent Company: 
ServiceMaster Global Holdings
Subsidy Source: 
local
Location: 
Tennessee
City: 
Memphis
Address: 
150 Peabody Place
Project Description: 

retain employees and relocate/ consolidate corporate headquarters at former Peabody Place retail/ entertainment facility

Year: 
2016
Major Industry of Parent: 
miscellaneous services
Specific Industry of Parent: 
residential and commercial services
Subsidy Value: 
$474,589
Program Name: 
Shelby County PILOT Agreements
Awarding Agency: 
Economic Development Growth Engine
Type of Subsidy: 
property tax abatement
Number of Jobs or Training Slots: 
965
Wage Data: 
$95,741
Wage Data Type: 
salary
Capital Investment: 
$76,575,081
Notes: 

Subsidy value is projected loss in property taxes collected that would have been collected by the county. PILOT is for 15 year period. Year is year credit approved. Jobs figure is 965 retained jobs. Wage figure is average salary.

Source Notes: 
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