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Siemens seeks 10,000‑sq‑ft expansion; council delays CRA vote to next meeting
2695770 · March 19, 2025
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Summary
Siemens Corporation requested a 75%, 10‑year community reinvestment area exemption for a corporate office expansion; councilors supported the company but deferred final action to a later meeting.
Siemens Corporation is seeking a community reinvestment area (CRA) tax incentive — a 75% exemption over 10 years — to support a roughly 10,000‑square‑foot office expansion that the company says would create 53 new jobs with about $2.9 million in new…
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