Quantcast
Channel: MyFOX8.com - News, Weather, Sports and more from WGHP Fox 8 Television » Brandon Jones
Viewing all articles
Browse latest Browse all 112

Greensboro City Council considers $200,000 request from local firm

$
0
0

GREENSBORO, N.C.– Greensboro-based executive search firm Charles Aris has its sights set on a new location in downtown Greensboro.

The company, which recruits executives from Fortune 500 companies, plans to move in the old Jefferson-Pilot office building at the intersection of North Greene and Bellemeade Streets.

The plan is to convert the old abandoned building into a three-story, 24,000 square foot structure.

Greensboro City Council Member Zack Matheny feels it’s a win-win for the city.

“Let’s think about it. We haven’t had a crane downtown since the jail was built,” Matheny said.

The city is considering giving the company $200,000 for construction cost.

$100,000 will be in the form of a loan that the company will have to pay back over an 8 year period.

The other portion of the money will be in the form of a grant with strict guidelines.

Charles Aris will keep its 35 employees, and hire four additional full-time workers by the end of 2016.

If given the green light by city council, construction could begin by the end of year.



Viewing all articles
Browse latest Browse all 112

Trending Articles