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Council certifies 153 Oakwood as abandoned building to enable developer tax credits
Summary
Spartanburg City Council approved a resolution certifying 153 Oakwood as an abandoned building site under state law, a step developers commonly use to qualify for state income tax credits on redevelopment.
The City of Spartanburg on Jan. 28 approved a resolution certifying the property at 153 Oakwood as an abandoned building site under the South Carolina abandoned-building statute, allowing a developer to pursue state tax credits if the property is redeveloped.
City staff described the parcel as an old office building, formerly a pediatrician’s office, that has not been in business since 2007, and said the site meets the statutory definition for certification. The developer indicated preliminary plans for approximately 21 townhomes…
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