Summary
A $10.8M historic hotel rehab on Ferry Street gets a PA 255 district — property taxes frozen at pre-rehab levels for twelve years. It adds a restaurant, micro retail and 25 permanent jobs, and is pitched as a boost to the Cultural Center district.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Discussed at 1 meeting in the last 60 days; most recently Oct 1, 2026.
Impact analysis
Twelve-year abatement worth about $390,000 in net new city revenue after service costs, with existing $83,443 annual taxes kept largely intact.
The developer, hotel guests, Cultural Center institutions and nearby businesses like Boz Blue cafe.
Mentions & discussions (1)
Related development
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