image description

Pittsfield Approves Tax Agreement For Redevelopment of Holy Family Church

The City Council approved a tax agreement to help the redevelopment of the former Holy Family Church on Seymour Street. The project proposed by Developer David Carver, owner of Scarafoni Properties and doing this project under WDM Properties, is looking to turn the former church into 10 market-rate housing units.

image description

Adams May Look at Tax Break Incentives For Businesses

The town may take a more in-depth look at business tax incentives to attract companies to the industrial park and downtown. Selectman John Duval asked Wednesday during a workshop meeting if the town could benefit from offering tax breaks to businesses of all kinds in hopes of attracting some that will create jobs and vibrancy downtown.

image description

Williams College, Chamber Discuss Downtown Parking with Selectmen

Williams College and the Chamber of Commerce believe they have solutions in place to avoid a repeat of last summer's parking woes on Spring Street, and they're asking downtown merchants to be part of the answer. In 2015, parking inventory in the Village Business District was squeezed by construction vehicles related to the college's renovation of the Log pub on Spring Street.

image description

State Development Program OKs Incentives for State Road Projects

Two in-development projects on State Road have been approved for development incentives through the city and state. The Beyond Place LLC and Greylock Works LLC entered into tax incremental financing agreements with the city; the state's Economic Assistance Coordinating Council on Wednesday approved both agreements and 16 other projects for participation in the Economic Development Incentive Program.

image description

Pittsfield Approves Extending Tax Breaks For Beacon Cinema

It was in 1997 when Downtown Pittsfield Inc. revealed a downtown master plan which called for a movie theater on North Street. City officials and DPI went searching high and low for a developer, from big chains to independent operators with little luck. Eventually they found Richard Stanley, who ran the Triplex in Great Barrington, and he too wanted nothing to do with the project.

image description

Pittsfield To Consider Extending Beacon Cinema's Tax Breaks

The City Council is being asked to extend tax breaks for the Beacon Cinema. The Cinema was granted a tax increment financing agreement when it was built in 2006. That agreement spanned for nine years, concluding this June. For the first seven of those, the theater had 100 percent of the tax on increases in value each year abated - so the owner Richard Stanley paid both personal property and real estate taxes on the set value of $609,100. For the final two years, the company paid 25 percen

image description

North Adams Council Approves Tax Agreement for Greylock Works

The City Council on Tuesday approved a tax incremental financing agreement for Greylock Works LLC that will give the project some property tax relief during the development of the former Cariddi Mill. Owners Salvatore Perry and Karla Rothstein intend to transform the 240,000 square foot State Road mill into a business incubator focused on food production, a restaurant and event space and a hotel. A final phase for residential is not considered part of the TIF.

image description

North Adams Considering Incentives to Improve Housing

The city will look into incentives to support housing improvements. The initial proposal by City Councilor Keith Bona that was referred to the Community Development Committee was altered slightly after he did more information on Gateway Cities opportunities.

image description

PEDA, Pittsfield Reach Lease Agreement With Innovation Center

"If we don't make these strategic investments, our taxbase will continue to erode and nobody is going to help us." — Daniel Bianchi

image description

Cariddi Files Bill To Attract Jobs and Businesses To Certain Areas Of State

"I want to help start new businesses in places around the commonwealth just like us." — Rep. Gailanne Cariddi

image description

Allegrone Set To Renovate Pittsfield's Onota Building

"A good portion of the building will be residential." — Bonnie Galant

image description

Pittsfield OKs Tax Incentive For Hotel; Delays One For Science Center

"This is not a free ride for them." — Barry Clairmont

More Stories