Subsidy Tracker Individual Entry

Company: 
ServiceMaster Global Holdings, Inc.
Parent Company: 
Roark Capital
Subsidy Source: 
local
Location: 
Tennessee
City: 
Memphis
County: 
Shelby
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: 
private equity (including portfolio companies)
Specific Industry of Parent: 
private equity (including portfolio companies)
Subsidy Value: 
$369,242
Program Name: 
Memphis PILOT
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 city. PILOT is for 15 year period. Year is year credit approved. Jobs figure is 965 retained jobs. Wage figure is average salary.

Source Notes: 
If an online information source is not working, check the Tracker inventory page for an updated link.