Posts tagged Tax credits
State Tax Credits Jump Start Centennial Project

A long-awaited project in downtown Cleveland will begin soon thanks to a major tax credit award from the State of Ohio, creating more work for area union trades.

On March 2, the Ohio Tax Credit Authority and the Ohio Department of Development awarded the Millennia Companies a $40 million Transformational Mixed-Use Development (TMUD) tax credit award for the rehabilitation and adaptive reuse of The Centennial. Located at 925 Euclid Ave., the building was formerly known as the Huntington Building and has been mostly vacant for over a decade.

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