Business

How much state incentives might Anthem get for Atlanta tech center?

Gov. Nathan Deal (left), Atlanta Mayor Kasim Reed and Anthem Senior Vice President and Chief Information Officer Tom Miller announce Anthem’s plans for a 1,800-job expansion in Atlanta. The parent of Blue Cross/Blue Shield of Georgia will take space in the Bank of America Plaza tower just north of downtown. Jobs involved will be mainly in software development. BOB ANDRES /BANDRES@AJC.COM
Gov. Nathan Deal (left), Atlanta Mayor Kasim Reed and Anthem Senior Vice President and Chief Information Officer Tom Miller announce Anthem’s plans for a 1,800-job expansion in Atlanta. The parent of Blue Cross/Blue Shield of Georgia will take space in the Bank of America Plaza tower just north of downtown. Jobs involved will be mainly in software development. BOB ANDRES /BANDRES@AJC.COM
By Scott Trubey
Oct 28, 2016

Health care giant Anthem's plan for a technology center in Atlanta's tallest tower could come with an incentive package valued at more than $50 million, according to an analysis by The Atlanta Journal-Constitution.

Anthem, parent of Blue Cross Blue Shield of Georgia, made waves this week when it announced plans to put 1,800 new jobs in Bank of America Plaza.

As a result, the company could be eligible for one of the state’s more lucrative statutory incentives called Mega Project Tax Credits. If Anthem reaches certain criteria, the company could get tax credits totaling $47.25 million, on top of a state grant of $3.6 million.

Local incentives are possible.

“We have a long history in the state already and have made other significant investments including our Innovation Center in Tech Square and a new facility in Columbus,” Gene Rodriguez, a spokeswoman for Anthem, said in an email. “So, we are committed to the state and its workforce. Our plan is to continue to grow our footprint in the state over the next six years and tap into its talent pipeline.”

To read more about this story, visit our subscriber website, MyAJC.com, or read Saturday's print edition of The Atlanta Journal-Constitution.

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Scott Trubey

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