Comcast Center open for business

June 8, 2008 1:37:59 PM PDT
The new Comcast Corp. headquarters is open for business in downtown Philadelphia, officially marking its place as the tallest skyscraper between New York and Chicago. The 975-foot-tall headquarters opened Friday. It brought in 1,300 new workers to Philadelphia, including some relocated from southern New Jersey and Connecticut.

The 1.25 million-square-foot Comcast Center, which cost more than $500 million to build, opens despite not getting the tax breaks that had been sought by Comcast, its landlord and Gov. Ed Rendell.

Comcast had wanted its downtown building site to be included in a Keystone Opportunity Zone. That would have made it exempt from state and local taxes, including corporate and personal income taxes, sales taxes and financial taxes.