Subsidy Tracker Individual Entry
Company:
RadioShack
Parent Company:
RadioShack
Subsidy Source:
multiple
Location:
Texas
City:
Fort Worth
County:
Tarrant
Project Description:
corporate headquarters
Year:
2002
Major Industry of Parent:
retailing
Specific Industry of Parent:
retail-electronics
Subsidy Value:
$96,000,000
Program Name:
multiple
Awarding Agency:
multiple
Type of Subsidy:
MEGADEAL 
Number of Jobs or Training Slots:
2,400
Capital Investment:
$250,000,000
Source of Data:
The subsidy value, the number of jobs to be retained and the projected cost of the new headquarters came from: Anna M. Tinsley and Barry Schlachter, "Riverfront project might get tax refund," Fort Worth Star-Telegram, July 9, 2002.
Notes:
The package consisted of $67 million in "economic development grants" (the term used to extend property tax abatements beyond their usual 10-year limit to 30 years) and $29 million in tax increment-financed infrastructure improvements. In 2020 the company got another $10.7 million in tax rebates (Mike Lee, "RadioShack tax rebates approved in Fort Worth," Fort Worth Star-Telegram, June 16, 2010). The main Subsidy Tracker data contains a 203 enterprise zone entry but without a dollar amount.
Source Notes:
If an online information source is not working, check the Tracker inventory page for an updated link.
