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Council creates Eagletown ERA, approves tax-abatement framework for Trailside Business Center
Summary
The council adopted a resolution creating the Eagletown Economic Revitalization Area and approved a 14% step-down real-property abatement schedule to support a speculative industrial park (Trailside Business Center) that the developer says will add roughly 327,700 square feet across four buildings in two phases.
Westfield — The City Council on July 28 approved a confirmatory resolution creating the Eagletown Economic Revitalization Area and authorized a recommended real-property abatement schedule to help the Trailside Business Center project move forward on State Road 32 west of Curley Brothers.
Claire Jelenas of the city’s economic-development team presented the request. Developer I3 Investors has proposed a trail-oriented industrial park with four speculative buildings; Phase 1 would total about 145,700 square feet with an estimated $10.5 million in real-property investment and Phase 2 about 182,000 square…
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