Construction on a new industrial building at the Airport South Commerce & Tech Park in Whitehall is expected to begin soon, after City Council approved the site as a community reinvestment area (CRA), ThisWeek Community News reports. The 260,000-square-foot building is “a second phase of a collaboration with developers Mark F. Taggart and Fed One Dublin,” according to Whitehall Development Director Zach Woodruff. The CRA is a 15-year, 100 percent property tax abatement; Whitehall will reimburse the city’s school district “50 percent of the amount of income-tax revenue the city receives during the term of the CRA,” Woodruff said. Developers are “expected to invest $8 million to $12 million in the second phase of the development” and are required to “create at least 75 jobs with an annual payroll of $2 million within three years.” For more, read the full article.
Whitehall approves tech park CRA in return for $8M investment and 75 jobs
