There are 8 article(s) tagged CCRFC:

• February 2024

  • 100 N. Main developers apply for 30-year PILOT

    Renovation of the 792,873-square-foot building will now cost more than $282-million, a 7% increase from the previous budget when presented to the Downtown Mobility Authority in 2022.

    By Sophia Surrett February 13, 2024

• January 2024

  • The Vic on Union downsizes and delays tax incentive closing

    The new design will be a four-story apartment complex with 126,762 square feet of rental space, 243 apartment units, a two-and-a-half-story parking garage with 260 spaces and less amenity space. 

    By Sophia Surrett January 10, 2024

• December 2023

  • Developer receives PILOT to build apartments near Overton Square

    “I’m excited to bring a little more density to the area,” said developer Alfredo Cerpa. “But not just come with a new modern thing, but integrate what is existing in the community.” 

    By Sophia Surrett December 14, 2023

• May 2023

  • First phase of Intrator’s Pinch District gets closing deadline modification

    Developer Tom Intrator received closing deadline modifications for three of his Downtown projects that already have tax incentives. 

    By Rob Moore May 09, 2023

• March 2023

  • Nylon Net site redevelopment’s second phase approved

    The Oliver, will now include an additional adjacent parcel at 339 S. Front St., where the development team plans to build 63 additional multifamily units.

    By Rob Moore March 14, 2023

• March 2022

  • CCRFC approves six-month extension for $62M Conwood II Project in Snuff District

    The CCRFC approved a six-month extension for the second phase of the $205M Snuff District development project. The first phase is expected to finish by fall 2022. 

    By Neil Strebig March 08, 2022

• January 2022

  • Downtown PILOT approved for proposed Butler Row development

    Over the course of the 12-year payment-in-lieu-of-taxes agreement, the increase in taxes generated by the project is estimated at more than $3 million.

    By Rob Moore January 11, 2022

• February 2021

  • 3 developments totaling $114M get $28M in tax breaks

    The Center City Revenue Finance Corp. approved $28 million in tax breaks Tuesday, Feb. 9, but members were critical of the absence of one of the developers seeking incentives.

    By Tom Bailey February 09, 2021