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It's no secret that the Tampa Bay area is becoming a top destination for companies nationwide in search of greener pastures for their corporate headquarters.
Florida's low business taxes and fees and lack of state income tax, coupled with Tampa Bay's overall affordability — it has the lowest cost of living among all the major metro areas in the state — have made the region a prime target for companies such as recruiting agency Velocity Resource Group, government services supplier CWU Inc., mortgage firm Fay Servicing, North American Roofing Services, and precision instrument maker Metrohm USA, all of which have set up shop in Tampa within the past year or so.
To help maintain that momentum, Hillsborough County has enlisted the services of global law firm Greenberg Traurig as public-private partnership counsel. Greenberg Traurig's Tampa office will devote a team of lawyers specializing in public infrastructure to advising the county in areas such as public finance, land use, real estate, new markets, tax credits, construction, insurance and EB-5 visa financing.
Greenberg Traurig's P3 contract with the county will run for five years, during which the firm is expected to play a key role in fostering economic development opportunities and infrastructure improvements. In a news release, the firm says its team of lawyers has experience in major public works projects such as airports, railroad facilities, bridges, roads, ports, wastewater treatment facilities and sports stadiums and arenas. They've also provided counsel to municipalities, both in the United States and abroad, in search of private investment for projects.
“We are proud to serve Hillsborough County and its citizens by lending our international expertise in the P3 space,” David Weinstein, managing shareholder of Greenberg Traurig's Tampa office, says in the release. “We are ready to deliver pragmatic and innovative solutions for the development of critical infrastructure within the county.”
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