City Council OKs Plans to Keep Telecommunications Firm
Ending two years of negotiations to keep L.A. Cellular Telephone Co. in town, the City Council has approved plans for the wireless telecommunications firm to build a $45-million headquarters, company and city officials announced.
Having fought off competing offers from the cities of Long Beach, Los Angeles and Anaheim to lure L.A. Cellular away, Cerritos stands to net at least $10.5 million in rent and sales tax over the next 20 years from the plans, City Manager Art Gallucci said Friday.
The council’s approval ensures that L.A. Cellular remains a Cerritos-based company for at least the next 10 years, said Steve Crosby, president of the firm’s external affairs.
Construction of the firm’s planned headquarters in the city’s Towne Center development is scheduled to begin later this month and will last about 15 months.
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