Lebanon Reporter

Local News

June 26, 2014

GDI gets tax abatement

A 10-year tax abatement was approved Monday by the Lebanon City Council for a proposed speculative warehouse building, the city’s first spec building. The council has been discussing the issue for the past month. It was brought before the council in late May for consideration, and an economic revitalization area was approved earlier this month, which sets the stage for the approval of a tax abatement. GDI Construction and Northpoint Development plan to construct a 741,000-square-foot building in the Lebanon Business Park, on the south side of Indiana 32 directly across the street from Arby’s and KFC, in hopes of attracting a future tenant. Joe LePage director of marketing and communications for the Boone County Economic Development Corp. had said that 80 percent of companies looking to locate in Boone County want to move into an existing building. See Thursday's Lebanon Reporter for more on this story.

1
Text Only
Local News

Featured items
Twitter Updates
Follow us on twitter
AP Video
Raw: Air Algerie Flight 5017 Wreckage Virginia Governor Tours Tornado Aftermath Judge Faces Heat Over Offer to Help Migrant Kids Kerry: No Deal Yet on 7-Day Gaza Truce Kangaroo Goes Missing in Oklahoma More M17 Bodies Return, Sanctions on Russia Grow Gaza Residents Mourn Dead Amid Airstrikes Raw: Deadly Tornado Hits Virginia Campground Ohio State Marching Band Chief Fired After Probe Raw: Big Rig Stuck in Illinois Swamp Cumberbatch Brings 'Penguins' to Comic-Con Raw: Air Algerie Crash Site in Mali Power to Be Restored After Wash. Wildfire Crashed Air Algerie Plane Found in Mali Israel Mulls Ceasefire Amid Gaza Offensive In Case of Fire, Oxygen Masks for Pets Mobile App Gives Tour of Battle of Atlanta Sites
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide