Started By
Message
locked post

IBM in BTR???

Posted on 1/15/13 at 9:14 am
Posted by TigerRob20
Baton Rouge
Member since Nov 2008
3732 posts
Posted on 1/15/13 at 9:14 am
What are the chances of this going through?

LINK

quote:

Officials are hesitant to respond to a report that Baton Rouge is a finalist—with one other city, not in Louisiana—to land a deal that would bring an IBM facility to downtown. Sources tell Daily Report that the deal would yield more than 500 jobs and would involve a partnership with LSU. But CPEX Director Elizabeth "Boo" Thomas says if Baton Rouge were to land the deal, it would be a game changer for the metro area and would validate the public investment that has been made downtown over the past two decades. "This would be a dream come true," she says. "It would be the biggest physical symbol of the success of our downtown plan and show the benefit of public investment yielding sustained private investment." Over the past few months, IBM officials have looked at several downtown sites, including the Manship property that formerly housed The Advocate and the Capital One Bank Building, which sources say would be torn down to make way for a new facility and parking garage. A source with connections to LSU says there were discussions several months ago to potentially have the state build a facility on the university's south campus, with IBM and LSU sharing space. There is no confirmed word on when IBM will make a decision on the site location, though multiple sources indicate one is expected within the next month. Mayor Kip Holden and DDD Executive Director Davis Rhorer declined to comment. LED Secretary Stephen Moret issued a statement saying, "For competitive reasons and to protect confidential company information, we can't comment on current or potential prospects."
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 1/15/13 at 9:43 am to
Depends lots on the tax breaks they get among other things. No idea what the chances are.

FWIW a lot of big companies are trying to get sites in small towns and cities with low wage bases.
Posted by dewster
Chicago
Member since Aug 2006
25446 posts
Posted on 1/15/13 at 10:28 am to
It would be huge for Louisiana if that happened.

The state of Louisiana is fairly competitive these days for just this type of project...and Baton Rouge has both an abundance of college grads and a pretty low wage base. Until the south campus is developed, many of these parterships with LSU will have to find commercial real estate somewhere else in the city...and I guess downtown is attracting some of that.

Wasn't there another tech company that announced a move downtown about a month ago? I don't think it was anywhere near 500 jobs though. Trying to find the article.

Edit: here it is.... looks like a stand alone IT support center. 300 jobs but it looks like they are getting a grant from the state. LINK
This post was edited on 1/15/13 at 10:34 am
Posted by Solo
Member since Aug 2008
8246 posts
Posted on 1/15/13 at 1:06 pm to
Would be great for BR and LA. Hope it happens.
Posted by Catman88
Baton Rouge, LA
Member since Dec 2004
49125 posts
Posted on 1/15/13 at 1:16 pm to
Wish someone would say what type of facility. I mean it could be just a server farm they want to put here that provides a job for 10 people. Or they could be moving a whole division here. Such a huge amount of possibilities.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram