Broomfield offers Aircell incentives to stay
Last Updated: 16:45 December 26, 2013
Broomfield-based Aircell also plans to grow to at least 150 people before the end of 2014, according to a Broomfield city document. Aircell representatives did not immediately return calls requesting comment.
The company provides Internet and phone connectivity services for airplanes. It is a division of Itasca, Illinois-based GoGo LLC (Nasdaq: GOGO), which has more than 600 employees in total in Broomfield, in Illinois and in a London office.
Aircell is expected to be the first tenant in the unoccupied EOS building in the Interlocken business park, taking 112,300 square feet of the 186,000-square-foot building, according to a city document. The building was constructed in 2011 on speculation by Hines, a Houston-based development company.
If Aircell has more than 150 employees by the end of 2014 and remains in Broomfield, the city has agreed to rebate half of the company's 3.5 percent use tax and half of the company's personal property taxes over a 10-year period, according to the city document. The personal property tax rebate is expected to be $152,062 over 10 years, and the use tax rebate is expected to be about $70,000, according to the document. Broomfield City Council members approved the incentive package earlier in December.
Aircell currently is headquartered at 303 S. Technology Court in the Interlocken business park. The company has raised more than $500 million in funding since it was awarded an exclusive spectrum license by the Federal Communications Commission in 2006, according to industry reports.
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