Center Street Business Center, LLC

Project Description

The Center Street Business Center, LLC will reconstruct 28,000 square feet of space available in a vacant textile Mill on Center Street in Warsaw. This building will house Wyoming County's proposed Agriculture and Business Center of Excellence; enabling the County to co-locate Agriculture and Economic Development services in one building. The goal is to enhance inter-agency efficiencies and synergies to stimulate expansion of the Dairy Industry, provide a one stop shop for the agriculture community and promote regional leadership within Wyoming County. The completed project is expected to house 13 agencies. This project will require an investment of more than $4.5 million.

There are currently 49 jobs combined in these agencies, employment is expected to grow by 7 to 10 people over the next 3 years. The project owner has asked the IDA for a deviated PILOT agreement for temporary abatement of property tax (extended over 15 years), abatement of sales tax on construction materials and non-production equipment as well as an abatement of mortgage recording tax. Approximate value of these incentives is greater than $100,000; therefore a public hearing was held in the Village of Warsaw.