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Downtown Revitalization Initiative project up for incentive approval in Batavia
Downtown Revitalization Initiative project up for incentive approval in Batavia
The Genesee County Economic Development Center board of directors will consider final approval for a building renovation project in the city of Batavia at its Sept. 3 board meeting.
Neppalli Holdings LLC is proposing to invest roughly $1.165 million to renovate a three-story building at 99 Main St. in Batavia. The renovation and redevelopment of the 7,500-square-foot building, which was built in 1865, would include a new storefront, façade and reconstruction of the existing three floors.
A dental practice will occupy the first floor with the second floor being developed for commercial office space. The third floor will include two 2-bedroom market-rate apartments.
Neppalli Holdings is the latest transformational building renovation project to proceed in downtown Batavia since the seat of Genesee County won the state of New York’s $10 million Downtown Revitalization Initiative (DRI) in 2017. Eight projects in downtown Batavia were approved for DRI funding when the city won in the second year of the competition.
Neppalli Holdings is requesting sales and mortgage tax benefits totaling $63,500.
[email protected]wermedia.com / 585-653-4021
Follow Velvet Spicer on Twitter: @Velvet_Spicer
