The Manhattan City Commission on Tuesday unanimously approved an agreement with Hartford LLC at 700 Poyntz Ave., which is the former Commerce Bank building. The plan calls for crews to make streetscape, landscaping and sidewalk improvements along Poyntz Avenue, Eighth Street and Houston Street, around a future 80,000-square-foot building that will boast retail and residential space.

“Part of it is making that streetscape mirror what is further down to the east so there would be one lane that is going eastbound and then some diagonal parking that would be in front of the new Hartford building,” Stephanie Peterson, the city’s director of community development, said.

Peterson said the agreement will see the city reimbursing Hartford up to 50% of eligible public infrastructure improvements, capped at no more than $200,000.

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Crews began demolishing the downtown Commerce Bank building Monday as part of plans to construct a new retail and residential space in its place.

Manhattan city commissioners in December approved more than $2 million in tax breaks to raze the building at 727 Poyntz Ave., including a 10-year property tax abatement and a sales tax exemption on construction materials.

The request, which came from Hutton Development, also included an appeal to the city government to pay for half the cost of improvements to Poyntz Avenue.

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Click here for more local news.

The post Crews begin demolishing downtown Commerce Bank building appeared first on News Radio KMAN.

Crews began demolishing the downtown Commerce Bank building Monday as part of plans to construct a new retail and residential space in its place.

Manhattan city commissioners in December approved more than $2 million in tax breaks to raze the building at 727 Poyntz Ave., including a 10-year property tax abatement and a sales tax exemption on construction materials.

The request, which came from Hutton Development, also included an appeal to the city government to pay for half the cost of improvements to Poyntz Avenue.

To view the full article visit theMercury.com.

Click here for more local news.

The post Crews begin demolishing downtown Commerce Bank building appeared first on News Radio KMAN.

Manhattan city commissioners Tuesday approved more than $2 million in tax breaks to raze the downtown Commerce Bank building and build a new retail and residential space.

Officials from Hutton Development requested a 10-year property tax abatement and a sales tax exemption on construction materials. They also asked the city government to pay for half the cost of improvements to Poyntz Avenue.

Hutton seeks to buy the building at 727 Poyntz Ave., tear it down and construct a four-story, 80,000-square-foot building with retail space on the ground floor and residential space above.

To view the full article visit theMercury.com.

Click here for more Manhattan news.

The post City approves tax breaks for mixed-use building on former Commerce Bank site appeared first on News Radio KMAN.