Services Provided: Economic
Development Strategies; Cost/Benefit Analysis; Incentive Package
Negotiations; Site Assistance
Gideon Toal, Inc. was retained
by Pier 1 to develop an economic development strategy and negotiate
the relocation of their corporate headquarters. Gideon Toal’s
responsibilities included disposition of the existing real estate
properties, identifying a new site, and negotiating the public necessary
incentives to secure the corporate relocation. Gideon Toal prepared
the financial information necessary to initiate an economic incentive
request for this $90 million public/private partnership.
The negotiations between the developer and the multiple taxing jurisdictions
were managed by Gideon Toal. This included an extensive cost/benefit
analysis showing the impacts of the project on the community.
