New T-Mobile Center To Have Big Economic Impact: Report

Hicksville NY

02 January, 2020

11:20 AM

Description

NASSAU COUNTY, NY — A new report anticipates the economic impact of the new T-Mobile Customer Experience Center in Nassau County to be a rather significant one. T-Mobile reached out to CGR, an independent nonprofit management consulting organization, in November to evaluate the project's potential economic and fiscal impact across the county. The consulting firm recently released its findings. While a final site selection has not been made, once up and running, the study projects the new center will create up to 1,000 jobs and income/sales tax generation of about $5 million to 6 million. T-Mobile estimates the center will receive a total construction investment of $20 million to $30 million during the buildout period, according to the report. The center will contribute municipal, special district and county property taxes of about $240,000 to $300,000, and school taxes of about $330,000 to $430,000 per year, according to the findings. The spillover effects of the investment will generate 440 to 490 additional positions within the region, with payroll impacts of $23.0 to $25.5 million and combined income/sales tax revenue generation of $1.6 to $1.9 million. T-Mobile US and Sprint Corporation in November announced plans to locate the fourth of five new customer experience centers in Nassau County, pending a proposed merger of T-Mobile US and Sprint Corporation. Click here to read the full report.