Tuesday, October 17, 2017

Normal Approves Tax Rebate for Shopping Centers

The Normal Town Council approved an $800,000 sales tax rebate for two local shopping centers that are struggling, after Dick's Sporting Goods moved to Bloomiington. The owners of College Plaza Station and neighboring Greenbriar Center are planning to invest more than $4 million over in upgrades over the next five years. They say the deal will help offset the costs, so they can attract major tenants to fill the empty spaces. Town staff say the way the deal is structured makes it safe for the community.

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