Common Council votes in favor of some tax breaks for a new entrepreneur hub
By:
ABC57 News Staff
Posted: Mar 25, 2024 11:43 PM EDT
-
1:02
Sunny and pleasant Tuesday morning
-
1:40
Elkhart holds annual Memorial Day parade
-
3:37
Law enforcement, veterans and more participate in Back the Blue...
-
3:47
Families honor lost loved ones as lifeguards return to South...
-
1:16
No shortage of sunshine today
-
1:37
Memorial Day parade forecast
-
4:51
Local band ’The Erly’ stops by ABC57 ahead of June 3 performance
-
1:17
VERY foggy first few hours of the morning
-
1:57
A local taste brings New Carlisle community together on race...
-
0:45
Pancakes help raise funds to support the Alzheimer’s Association
-
1:03
Lighter rain expected into the afternoon
-
1:04
Non-severe storms expected
ST. JOSEPH COUNTY, Ind. -- The Common Council votes in favor of some tax breaks to turn this downtown South Bend property into a new entrepreneur hub.
Momentum Development Group plans to invest more than $6.3 million into a new building off the corner of South Main Street and West Monroe to build a co-working space with a commercial kitchen, retail, and cocktail bar.
It was owned by the Salvation Army until 2015 then it was used for the city's Weather Amnesty Program.
The common council approved an eight-year tax abatement totaling more than $830,000 dollars to support the project.
Sign up for the ABC 57 Newsletter