Here is the report on the new development, including...
Southwestern Energy will build a regional headquarters in Conway, employing as many as 450 people in the second major economic development project announced for the city this year.
The announcement was made Thursday at Hendrix College, which is building The Village at Hendrix, a 100-acre "new urbanism" development where Southwestern intends to build its 100,000-square-foot, $25 million facility.
And of course a telling quote from the Governor of Arkansas...
Governor Mike Beebe, speaking at the announcement, said it's "not an accident" that Conway has played host to two of the year's largest projects, saying that "Conway ends up successful in so many areas because of people," and "so often it's the local effort that makes the difference" when it comes to attracting large-scale businesses like Hewlett-Packard and Southwestern Energy.
And don't call it a sell out either...
Southwestern energy is getting "some performance-based incentives" for building a regional headquarters in the state, according to Beebe, but no incentives were offered by the city to entice the business.
...
"There were no discretionary incentives used in this deal," Lacy said. "They truly weren't out to get a lot of money on this; it wasn't incentive-driven for them. I think they do like it here and we like them, so it's a good partnership. I can't say it enough, they've been great corporate neighbors."
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