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Tyco International has new HQ for ADT North America

Tyco International has new HQ for ADT North America Received more than $1 m. in state and local economic incentives

BOCA RATON, Fla.— At the dedication of ADT's new North American headquarters scheduled for today, Tyco International CEO Ed Breen will thank local and state government officials for their support—which helped the corporation secure more than $1 milliion in economic incentives for the project.

Breen will be joined by U.S. Congressman Allen West, Boca Raton Mayor Susan Whelchel and other dignitaries at the dedication of the new 171,000 square-foot headquarters.

Security Systems News reported in August 2010 that ADT was negotiating a lease at this address, and was also seeking $1.6 million in state, country and city incentives.

ADT spokesman Bob Tucker confirmed that Tyco received $1.3 million in economic incentives from state and local government sources.

The three-building campus, located at 1501 Yamato Road, will house 700 employees. It will serve as the North American headquarters for ADT, ADT Latin America, Tyco's SimplexGrinnell business and Tyco corporate employees.

In Breen's prepared remarks, he notes that Tyco has 5,000 employees in Florida, and is “committed to doing business in the Sunshine State." The new facility "allows us to bring together employees from our different businesses in a cost-efficient space that meets our current needs and provides us flexibility for future expansion. We thank our state and local officials for their support of our move to this new campus,” according to the prepared statement.

The recently completed renovation includes new “energy- efficient lighting and environmentally-friendly work stations as well as advanced videoconferencing facilities and security systems. A committee of employees participated in the selection of many of the interior designs for the new facility.”

The campus includes a fitness center, cafeteria, extensive meeting and collaboration space and a promenade area with services including doctor and chiropractor offices, a salon and dry cleaners.


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