Employee benefits funding – 101.5 K-Rock Manhattan's Real Rock https://1015krock.com The Flint Hills Real Rock Sat, 14 Dec 2024 15:17:07 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://i0.wp.com/1015krock.com/wp-content/uploads/2022/01/krock-fb-logo.jpg?fit=32%2C32&ssl=1 Employee benefits funding – 101.5 K-Rock Manhattan's Real Rock https://1015krock.com 32 32 43031150 City to vote on tax incentives for Commerce Bank building redevelopment https://1015krock.com/city-to-vote-on-tax-incentives-for-commerce-bank-building-redevelopment/ Sat, 14 Dec 2024 15:17:07 +0000 https://1350kman.com/?p=430208

Manhattan city commissioners on Tuesday will decide whether to give incentives to a project to redevelop the Commerce Bank building at Eighth Street and Poyntz Avenue.

Officials from Hartfield LLC are requesting up to $15 million in industrial revenue bonds and a 10-year property tax abatement to turn the downtown building at 727 Poyntz Ave. into a retail and residential space.

If passed, the ordinance would allow the developer to pay taxing entities a total of the roughly $2 million 2024 value of the building over the next 10 years.

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