|"When we seek to discover the best in others, we somehow bring out the best in ourselves." ~William Arthur Ward|
Taken from the Stamford Advocate:
STAMFORD — Gov. Dannel P. Malloy returned to his hometown Tuesday to announce a $100 million deal with NBC Sports Group, which plans to bring about 450 permanent jobs to the city as part of the state’s “First Five” economic development program.
The network has signed a lease for studio, production and office space at the former Clairol building on Blachley Road on the city’s East Side. In addition to being eligible for tax credits — 30 percent on production, 20 percent on infrastructure — the state has agreed to grant NBC a 10-year, $20 million loan at an interest rate of 1 percent.
“This (First Five) program is about job creation, and NBC will be doing just that here in Stamford,” Malloy said. “NBC’s $100 million project, adding office space and more state-of-the-art facilities, demonstrates a significant investment in the state of Connecticut.”
The agreement will bring NBC Sports to Stamford, in addition to other elements of the network that were part of Comcast’s takeover earlier this year. Malloy announced the deal during a news conference at the former Clairol site Tuesday morning with Lt. Gov. Nancy Wyman, NBC Sports Group Chairman Mark Lazarus, NHL Commissioner Gary Bettman and Stamford Mayor Mike Pavia.