Chicago-based international bank Tempe jobs, is building a $95 million, 450,000-square-foot three-building regional operations center in Tempe.
The Tempe City Council is getting ready to consider a package deal from Northern Trust that brings 1,000 jobs paying an average of $82,000 to the city’s Discovery Business Campus at Elliot Road and Loop 101.
A formal announcement is scheduled for Friday morning.
The council has the development agreement on its agenda for Feb. 26. Part of the deal is a $7.3 million government property lease excise tax (GPLET), which the bank will turn around and use to buy naming rights to the Tempe Center for the Performing Arts for 20 years.