Boca Raton Weighs $90K Incentive for Concorde Holdings HQ Move

City Council to consider economic development agreement with job creation requirements.

Published on Feb. 8, 2026

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The Boca Raton City Council is set to consider a resolution that would approve up to $90,000 in incentives for Concorde Holdings, Inc. to relocate its corporate headquarters to the city. The incentives are contingent on the company creating at least 30 new jobs with an average annual salary of at least $89,095 and retaining those positions for a minimum of three years.

Why it matters

The proposed incentive agreement is part of Boca Raton's efforts to attract new businesses and jobs to the city. The relocation of Concorde Holdings' headquarters could bring economic benefits to the local community, but the city will need to weigh the costs and potential returns of the incentive package.

The details

Under the proposed agreement, Concorde Holdings would be required to create at least 30 new jobs associated with a new facility in Boca Raton and retain those positions for a minimum of three years. The company would receive $3,000 per job, with a maximum total payout of $90,000. If fewer than 30 qualifying jobs are created and retained, the incentive payment would be prorated. The agreement also specifies that the newly created jobs must meet an average annual salary threshold of at least $89,095 during the retention period.

  • The Boca Raton City Council is scheduled to consider the resolution on February 10, 2026.

The players

Concorde Holdings, Inc.

The parent company of Concorde Investment Services, LLC, a national securities broker-dealer, Concorde Asset Management, LLC, an investment adviser, and Concorde Insurance Agency, Inc.

Boca Raton City Council

The governing body of the City of Boca Raton, Florida, which is set to consider the incentive agreement for Concorde Holdings.

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What’s next

If the resolution remains on the consent agenda, the City Council will vote on it along with other consent items. If the resolution is pulled for separate discussion, the Council will debate and potentially amend the agreement before a final vote.

The takeaway

The proposed incentive agreement for Concorde Holdings' headquarters relocation is an example of Boca Raton's efforts to attract new businesses and jobs to the city. The Council will need to carefully weigh the potential benefits and costs of the incentive package to determine if it is a wise investment for the community.