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Council unanimously approved a relocation grant of up to $2.3 million for AmTrust North American, which plans to move 540 full- and part-time employees to 6055 Parkland Boulevard. The company committed to maintaining a $49 million payroll and investing more than $20 million in tenant improvements.
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The grant will be paid in stages, beginning with $300,000 after the building receives a certificate of occupancy and continuing over the first 10 years of a 15-year lease. Council also approved zoning and variance actions supporting planned development, including a Sprouts grocery store. The meeting minutes do not state the expected construction or occupancy dates for these projects.
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