Technical consulting firm Gartner Incorporated will be using a $5.28 million incentive package to bring 600 jobs to the Fort Myers area.
The Lee County Commission voted unanimously to approve the county’s $1.8 million contribution to the package earlier this week. The funds will be used in part to build the business’ fourth Class A office building, which will house the new employees. The rest of the $3.4 million for the incentive package is being provided by the state through the Florida Department of Economic opportunity.
According to Assistant County Manager Glen Salyer, the funds will be distributed over an eight-year period with verifications built into the agreement to make sure that Gartner is bringing the jobs in as promised.
Commissioner Brian Hamman said that he approved of the verifications built into the agreement and was impressed on the return on investment that the county expects to receive.
“I appreciate the safeguards that are built into this,” Hamman said.”Over eight years, Lee County is being asked to contribute $1.8 million, but we are getting in return, according to the study that was provided for us, $129 million in economic impact.”
The average compensation for the new jobs is expected around $68,000 and according to Hamman the payroll alone is expected to total $53 million.
This will be the fourth such incentive deal that Gartner has utilized in the Fort Myers area. Salyer said that so far, the company has been ahead of scheduling in fulfilling its obligations on previous agreements. If this agreement is successful, Gartner will have expanded its local workforce to about 2,350 employees.
Gartner declined to comment on the story.
Hamman said that he was excited to see the expansion of a different type industry than is usually available in Lee County.
“I’m thrilled about the opportunity we have to diversify our economy here,” said Hamman. “With the potential of having over 2,350 jobs in this market and the knowledge based workforce. That’s outside of our traditional construction and tourism industries.”
© 2017 Naples Herald. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.