Fort Lauderdale commissioners are set to weigh a relatively small incentive package Tuesday for a mystery Philadelphia medical device company that appears in public documents only as “Project Axis.” The proposal would put a cap of $15,750 on a Strategic Job Creation Incentive while the firm considers establishing a Southeast regional headquarters in the city. Broward County has its own companion offer on deck, up to $36,750 tied directly to job creation.
According to the South Florida Business Journal, the company is based in Philadelphia and is being kept confidential in public filings under the placeholder name “Project Axis.” The outlet reports the firm could land a Southeast regional headquarters in Fort Lauderdale if negotiations and site details fall into place.
Per the City of Fort Lauderdale agenda packet, the recommended resolution, listed as R-2, would approve an economic development incentive not to exceed $15,750 and authorize the city manager to negotiate and execute an agreement if the City Commission signs off. The packet includes a project outline, a labor income analysis and payout schedules for the proposed Strategic Job Creation Incentive…