RBS to Develop New Corporate Office in Stamford, Conn.
The $400 million complex is slated to hold a 95,000-square-foot trading floor, and 300,000 square feet of office space for 3,000 employees of RBS Greenwich Capital and RBS’ corporate banking operations. RBS Greenwich Capital will move from Steamboat Road on the Greenwich waterfront, while the corporate banking office will move from Manhattan.
Carpenter thanked Gov. M. Jodi Rell and Mayor Dannel Malloy, and their economic development chiefs for moving the project along quickly.
“You have all shown a welcoming, cooperative and can-do spirit in bringing this project to fruition in record time,” he said.
The state is providing $100 million in tax breaks for the building. As part of the incentive package, the city has agreed to forego part of the property tax revenue for the building’s first five years.
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