- Associated Press - Sunday, August 16, 2015

LINCOLN, Neb. (AP) - A software company’s new $32.2 million seven-story headquarters being planned in Lincoln will receive $6.6 million in public money.

The Lincoln Journal Star reports (https://bit.ly/1PtiHV6 ) most of the public support for Hudl’s project announced earlier this year will come in the form of tax increment financing.

Hudl makes video-editing software for sports teams and has nearly 300 employees. Hudl will occupy the top four floors while Nelnet, which holds a major stake in Hudl, will have some offices on the second floor.

The public money will help pay for a plaza outside the office building in the Haymarket and a skywalk connecting to an existing parking garage.

Hudl has pledged to hire 300 new employees within three years, and it predicts those jobs will pay an average of $60,000 annually.

___

Information from: Lincoln Journal Star, https://www.journalstar.com


Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.

 

Click to Read More and View Comments

Click to Hide