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Developer seeks one-year, 50% tax grant for Conforce Gateway industrial park
Summary
A developer of a proposed 55-acre industrial park called Conforce Gateway asked the Concord City Council for a one-year, 50% economic development tax grant; staff estimated the one-year grant at $94,500 against a projected $45 million investment.
Sam, a representative from Comerara CDC, told the Concord City Council at its work session that the Conforce Gateway project would be built on a 55-acre site off Highway 73 at Exit 55 and would total about 400,000 square feet across multiple buildings. The company is asking the city to consider a one-year, 50 percent economic-development tax grant for the speculative…
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