The Jacx

Contact

Availability

Reap the Benefits

The abundance of as-of-right incentives, including significant tax and energy savings, ultimately drives value, which enhances a tenant’s business and bottom line.

City incentives package* includes:

$3,000 tax credit/employee per year — Relocation Employment and Assistance Program (REAP)

35-45% reduction in electric and natural gas costs— Energy Cost Savings Program (ECSP)

30-35% reduction in electric delivery — Business Incentives Rate (BIR)

No commercial rent tax

* Other discretionary benefits may be available

Incentive Package/Exemption
(Annual Value per RSF)
Low Density
(200 SF per Employee)
High Density
(120 SF per Employee)
Relocation Employment and Assistance Program (REAP) $15.00/RSF $25.00/RSF
Energy Cost Savings Program (ECSP)
 and Business Incentive Rate (BIR) $1.00/RSF $1.00/RSF
Commercial Rent Tax Exemption (3.9%) $3.00/RSF $3.00/RSF
ICAP RE Tax Savings $4.00/RSF $4.00/RSF
Total Annual Savings $23.00/RSF $33.00/RSF
Incentive Package/Exemption
(Annual Value per RSF)
Relocation Employment and Assistance Program (REAP)
Low Density
(200 SF per Employee)
High Density
(120 SF per Employee)
$15.00/RSF $25.00/RSF
Energy Cost Savings Program (ECSP)
 and Business Incentive Rate (BIR)
Low Density
(200 SF per Employee)
High Density
(120 SF per Employee)
$1.00/RSF $1.00/RSF
Commercial Rent Tax Exemption (3.9%)
Low Density
(200 SF per Employee)
High Density
(120 SF per Employee)
$3.00/RSF $3.00/RSF
ICAP RE Tax Savings
Low Density
(200 SF per Employee)
High Density
(120 SF per Employee)
$4.00/RSF $4.00/RSF
Total Annual Savings
Low Density
(200 SF per Employee)
High Density
(120 SF per Employee)
$23.00/RSF $33.00/RSF

* Other discretionary benefits may be available