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Council approves two-year vacant building tax abatement for former Studebaker administration building
Summary
Council adopted a two‑year vacant building tax abatement to support stabilization work at the 149,000‑square‑foot former Studebaker administration building at 635 South Main Street; developer representatives said the abatement will help fund roof and window repairs and other stabilization work.
The Common Council unanimously adopted Resolution 25‑06 on Jan. 27 designating 635 South Main Street — the former Studebaker administration building — as an economic revitalization area and approving a two‑year vacant building tax abatement for Studebaker Admin Q O Z B, LLC.
Joe Molnar, assistant director of growth and opportunity, said the property is a 149,000‑square‑foot historic structure that has been vacant…
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