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MegadealsSubsidy 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 (Archived)
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.