Gideon Toal

RadioShack Corporate Headquarters
Fort Worth, Texas

Services Provided: Economic Development Strategies; Cost/Benefit Analysis;
Incentive Package Negotiations;
Site Assistance

Costs: $255 million
Incentives: $90 million

Gideon Toal, Inc. was retained by RadioShack Corporation to develop an economic development strategy and negotiate the relocation of RadioShack’s corporate headquarters. This complex task included disposition of the existing real estate properties, identifying a new site, and negotiating the necessary public incentives to secure the corporate relocation. Gideon Toal prepared the financial information necessary to initiate an economic incentive request totaling $96 million in public incentives. The public incentives consisted of:

• 30-year City Program 380 Tax Rebate ($60 million)
• $29 million in TIF Infrastructure Assistance
• Building Permit Fee Waiver

Gideon Toal managed the negotiations between the developer and the multiple taxing jurisdictions. This included an extensive cost/benefit analysis showing the impacts of the project on the community.

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