Global Furnishings Company - Incentives

Silverlode helped this global furnishing company choose an optimal site and secure over $15 million in incentives to assist in the construction of a new world headquarters.

Global Furnishings Company

Service(s):

Incentives, Site Selection and Location Analysis

Opportunity:

A global furnishings company had occupied the same headquarters building for 85 years. The outdated building was a mix of retail, office, and manufacturing spaces and no longer met the needs of the fast-growing company. The company engaged Silverlode to assist with site selection, incentives negotiation, project management, and implementation services for its 500-employee world headquarters.

Solution:

Operating as an extension of the client team and reporting directly to the CEO, we conducted an analysis of the tax environments of competing states, and helped the company to identify and secure incentives that would allow the project to remain in its home town in the MidWest. Silverlode also helped the company navigate a variety of project management and infrastructure challenges, including the widening of roads, relocation of power lines, and preservation of an endangered oak savannah area on the site. We also facilitated an expedited rezoning and permitting process.