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Kim_Gatley
Kim Gatley
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enior Vice President & Director of Research at REOC San Antonio

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Hulu estimated to spend $13M on new San Antonio campus

hulu logoTelevision streaming giant Hulu is expected to spend an estimated $13 million renovating a new 45,000-square-foot campus in San Antonio where the California company will run its “viewer experience operations,” city records show.

City and Bexar County leaders spent months courting Hulu to locate its customer service center in San Antonio, bringing with it 300 new jobs when it opens this fall with a peak of 500 by the end of 2018. They offered a generous package of tax incentives, coupled with a $1.3 million cash grant Gov. Greg Abbott pledged from the Texas Enterprise Fund.

The other jobs must pay at least $11.83 an hour, the city’s current living-wage standard. At two years, Hulu must pay at least 70 percent of its employees $15.68 an hour, or about $32,000 a year.

The company is expected to lease and renovate a building at 4511 Horizon Hill Blvd. in the Fountainhead Business Park, according to a proposed city ordinance outlining incentives.

The renovations costs are estimated at more than $12.92 million, according to the incentive package. Saucedo-Herrera said that Hulu expects to be able to move in this fall.

Click here to read the original article: Hulu estimated to spend $13M on new San Antonio campus MySa 4-14-2017

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