Corporate Headquarters
In 2001 RadioShack bought the former Ripley Arnold public housing complex in Downtown Fort Worth for $20 million. The company razed the complex and had a 900,000 square feet (84,000 m2) corporate headquarters campus built after the City of Fort Worth approved a 30-year economic agreement to ensure that the company stayed in Fort Worth. The company sold the building and, as of 2009, had two years left of a rent-free lease in the building. The company intended to make $66.8 million in the deal with the city. By 2009 it made $4 million; by 2009 the Fort Worth Star-Telegram reported that the company was considering a new site for its headquarters. The Tampa Bay Business Journal reported that rumors spread among Tampa Bay Area real estate brokers and developers that RadioShack may select Tampa as the site of its headquarters.
In 2010, however, RadioShack announced efforts to remain at their current site.
Read more about this topic: RadioShack
Famous quotes containing the words corporate and/or headquarters:
“The corporate grip on opinion in the United States is one of the wonders of the Western World. No First World country has ever managed to eliminate so entirely from its media all objectivity—much less dissent.”
—Gore Vidal (b. 1925)
“If the national security is involved, anything goes. There are no rules. There are people so lacking in roots about what is proper and what is improper that they don’t know there’s anything wrong in breaking into the headquarters of the opposition party.”
—Helen Gahagan Douglas (1900–1980)