Alliance Data Systems

Project Name 
Credit
Date Announced 
2Q 2017
Site 
Draper, Utah
“Utah’s collaborative culture and spirit of public and private sector partnership are clear, and we are pleased to continue investing in this community." -- Sallie Komitor, Chief Customer Officer
Jobs 

815

Investment 

$15.6 million

Square Footage 

150,000 SF

Incentives 

Alliance Data may earn up to 15 percent of the new state taxes they will pay over the five-year life of the agreement in the form of a post-performance Economic Development Tax Increment Finance (EDTIF) tax credit rebate. As part of the contract with Alliance Data, the GOED Board of Directors has approved a post-performance tax credit rebate not to exceed $758,027. Each year as Alliance Data meets the criteria in its contract with the state, it will earn a portion of the total tax credit rebate. 

Related Articles 

GOED Press Release

Case Study Story 

 “We’re thrilled Alliance has decided to stay and grow in Utah. The added jobs and investment will further strengthen Utah’s place in the financial services industry.” -- Theresa Foxley, President & CEO of EDCUtah

(More information to come)