By GREGORY ZELLER //
The wheels on the bus go round and round in Hempstead, where the Industrial Development Agency has finally finalized an economic-incentives package for a leading school bus operator.
Approved in September and closed Nov. 30, the Town of Hempstead IDA’s undisclosed tax-abatement deal will help Port Washington-based Dell Transportation Corp. acquire 1.37 acres at the intersection of Kellum Place and Union Place in the Village of Hempstead.
Dell Transportation is planning a new three-story, 12,500-square-foot headquarters and training facility at the site. The company anticipates an $8.08 million investment in a project that will retain 36 existing full-time jobs and create 23 more, according to the IDA.
The circa-1956 company, which operates 125 buses through contracts with 14 Nassau County school districts, is currently headquartered in Port Washington with a satellite office in Hempstead. Keeping its headquarters in Nassau – in Hempstead specifically – was the primary mission, according to Town of Hempstead IDA Chief Executive Officer Frederick Parola.
“This project will retain a significant number of jobs in the Village of Hempstead and lead to the creation of many more,” Parola said Tuesday.