HControl Holdings Plans $25 Million Operations Center in Coral Gables, Florida
"We are very pleased to have the support of the State of Florida, Miami-Dade County and the city of Coral Gables as we grow and expand the company," said Luis Rodriguez, President and Chief Operations Officer of HControl Holdings. "We look forward to creating a lasting partnership with The University of Miami, Florida International University and others in the creation of many jobs in the telecommunications industry."
The company plans a $25 million in capital investment to develop a 12,000-square-foot network operations center in Miami-Dade County. Beacon Council Economic Development officials noted HControl considered relocating to Dallas, as part of its partnership with a content provider, but decided to stay in Miami-Dade County.
"It's important that Florida remains a business base for HControl Holdings because of its value to our IT sector, which is a target for economic growth statewide," said Florida Secretary of Commerce Gray Swoope, who serves as President and Chief Executive Officer of Enterprise Florida. "The company's choice to remain in Florida shows that we have the workforce and business climate needed to help progressive organizations grow."
As an incentive Beacon Council assisted HControl with acquiring state, county and local tax incentives, based items such as on job creation. "Miami-Dade County is one of the most important data transmission hubs in the world," said Frank R. Nero, President and Chief Executive Officer of The Beacon Council. "HControl joins a series of hi-tech telecommunication companies that have relocated or expanded in Miami-Dade County in the past 18 months."
Coral Gables Jim Cason, Mayor said "We are delighted to support innovative businesses like HControl Holdings, and their plans to expand here in Coral Gables. Being able to access the right people and resources for business development is critical for success."
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