RD America, Inc., has won a 15-year property tax exemption to build a new warehouse at 4501 W Mitchell Ave.
The ordinance to execute the Community Reinvestment Area Agreement, which will reduce the tax liability by about $1.1 million over the life of the agreement, was passed at the February 7 meeting of city council.
Restaurant Depot, a subsidiary of RD America, Inc., is a member's-only warehouse that sells equipment, food items, and supplies to the food service community.
Membership is free with either a state resale certificate or proof of representation of a non-profit.
The 55,000-60,000 square foot facility is expected to cost $4.9 million to build and will also include an 85-space parking lot.
Construction will involve the demolition of existing structures (pictured) on the site.
It should be completed and open for business in September 2007.
Saturday, March 10, 2007
Winton Place: Restaurant Depot
Posted by Kevin LeMaster at 2:02 PM
Labels: CRA, RD America, Restaurant Depot, retail, Spring Grove Village, tax abatement, warehouse, Winton Place