Dallas Leaders Approve About $9.3 Million of Incentives for Potential Uber Expansion

Dallas may have gotten a step closer to landing Uber's major office. City leaders unanimously approved about $9.3 million in economic incentives Wednesday to try to land the tech company's corporate hub.The city's economic incentive package for Uber includes a tax break of about $746,000 from a five-year tax abatement and up to $8.6 million in economic development grants. Dallas is a leading contender for an office that's expected to bring 3,000 jobs and become Uber's largest hub outside of its San Francisco headquarters. Employees at the office would have an average annual salary of $100,000. The tech company also looked at sites in Arizona, according to city of Dallas documents. If Uber picks Dallas, it'd move into a new tower that will be built at The Epic, an 8-acre development in Deep Ellum.   Continue reading...