By Caitlin Coakley
Incentives like tax breaks are great, said Robert Gavin, global manager of facility engineering for the financial services company Citco Fund Services.
But it’s the little things — affordable housing, local colleges and universities, and proximity to other big cities — that sold Gavin and Citco North America CEO Jay Peller on Charlotte when looking to open another North American location, the companies twelfth.
“It’s really like a town-city,” said Gavin. “It’s vibrant, it’s young, and it’s great for a work-life balance.”
The company announced its plans to move into Charlotte yesterday, a decision city officials say will strengthen Charlotte’s place as a strong financial center. According to Peller, the move will create more than 250 jobs within the next few years.
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