East Windsor to consider tax abatement for planned industrial complex

East Windsor to consider tax abatement for planned industrial complex

The town’s board of selectmen is expected to vote Thursday evening on the final terms of property tax abatement for The Silverman Group, of Basking Ridge, N.J., as it looks to build two industrial buildings totaling 246,240 square feet at 12 South Main St. The cost of the project was not disclosed. In a statement Wednesday, The Silverman Group said it will market the so-called East Windsor Logistics Center to “local and large businesses.” Construction of the 22-acre complex is expected to last from August to spring 2021. The Silverman Group acquired the property, which is split into four parcels, for more than $2.28 million in February, land records show.

https://www.hartfordbusiness.com/article/east-windsor-to-consider-tax-abatement-for-planned-industrial-complex?utm_source=Newsletter&utm_medium=email&utm_content=Logistics+Center+Abatement+%7C+CT+Adds+73K+Jobs&utm_campaign=HBJ+Today+071620

Share This Article: