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GCEDC Board Supports $1.165 Million Downtown Renovation
BATAVIA, NY – The Genesee County Economic Development Center (GCEDC) board of directors approved incentives for a building renovation project in the city of Batavia at its September 3, 2020 board meeting.
Neppalli Holdings, LLC will invest approximately $1.165 million to renovate a three-story building at 99 Main Street in downtown Batavia. The renovation and redevelopment of the 7,500 sq. ft. building, which was built in 1865, includes a new storefront, façade and reconstruction of the existing three floors.
A dental practice will reside on the first floor with the second floor being developed for commercial office space. The third floor will include 2 two-bedroom market-rate apartments.
Neppalli Holdings, LLC is the latest transformational building renovation project to proceed in downtown Batavia through Governor Cuomo’s $10 million Downtown Revitalization Initiative (DRI).
The project will be receiving sales and mortgage tax benefits totaling $63,500.