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Oberto Foods PILOT Incentive

Project Overview

  • 2960 Armory Drive, Nashville, TN 37204
  • www.jgc.com
  • Parcel ID: 13204000900
  • Metro Council District: 16
  • Approval Date: November 14, 2012
  • Ordinance BL2013-340

Summary of Deal

PILOT - abate 50% of the increase in real and personal property taxes as compared to 2011 levels for 5 yrs.

Total Estimated Value

$464,344

Expected Value To Date

$385,462

Actual Value To Date

$200,128

Jobs

  • Added / New Jobs: 310
  • Retained Jobs: 0
  • Total Expected Jobs: 310
  • Jobs as of 12/31/2016: 124

Total Capital Investment

  • $28,700,000