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MegadealsSubsidy Tracker Individual Entry
Company: Metroplex - University Plaza
Parent Company:
Subsidy Source: local
Location: New York
City: VESTAL
Address: 4710 Vestal Parkway
Zip: 13851
Project Description: Includes the acquisition of existing student housing property, refurbishing and improving to meet current demands of student housing market. Also includes the demolition of two office buildings that would become vacant and replaced with new student apartment and townhouse construction. Both properties will be branded together as part of the University Plaza Retail Center, owned by Vestal Park, LLC and affiliates, consisting of restaurants, banks, retail shops and other businesses.
Year: 2017
Subsidy Value: $387,845
Program Name: Industrial Development Agencies
Awarding Agency: Broome Industrial Development Agency
Type of Subsidy: tax credit/rebate
Capital Investment: $54,153,000
Source of Data:
(click here)
Notes: Subsidy value is total for the year of property tax abatements and sales tax exemptions less the net of payments in lieu of taxes. See original source for jobs and wage information. Description merges a general industry description with a project specific description as provided in the disclosure.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.