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Council approves TAD allocation for proposed 5‑story office at 126 Bradford Street
Summary
Gainesville approved tax allocation district (TAD) funding for a Capstone Properties proposal at 126 Bradford Street, a five‑story office project, with an approval figure read in council materials of about $1,874,000 over roughly 15 years; council was told the TAD life would not be extended past 2039.
Gainesville’s mayor and council voted unanimously on Sept. 17 to approve a Tax Allocation District (TAD) funding allocation for a proposed five‑story office building at 126 Bradford Street.
City Manager Brian Lackey described the project as Capstone Properties’ plan to build a five‑story office on a…
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