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Chicopee council approves 10-year TIF for Robins Road development, citing job creation
Summary
The City Council approved a 10-year tax increment financing agreement for Robins Road Property LLC and Trafta Pharmaceuticals to support construction of a 50,000-square-foot warehouse and future manufacturing phase, with a commitment to create at least 15 full-time jobs.
The Chicopee City Council on Tuesday approved a 10-year tax increment financing (TIF) agreement for Robins Road Property LLC to support development of a 50,000-square-foot first-phase warehouse and future manufacturing at a long-dormant parcel on Robins Road.
City officials said the project represents a $9.5 million investment and includes a commitment from the developer and Trafta Pharmaceuticals Inc. to create at least 15 permanent full-time jobs with hiring preference for residents of the designated…
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