Aiken council approves first reading to certify Richland Avenue site for textile revitalization credits
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Summary
Council took first reading to certify a Richland Avenue property as a textile mill site under South Carolina law, a designation that could enable state income tax credits for a project estimated at about $40 million; the measure passed first reading unanimously.
The Aiken City Council on April 13 moved forward with a plan to certify a Richland Avenue property as a textile mill site under the South Carolina Textiles Communities Revitalization Act (Title 12, Chapter 65), a step the owner says could allow qualification for state income tax credits.
City staff told the council the property — described as the parcel at the northeast intersection of Richland Avenue East and Marlborough Street NE, owned by Richland Avenue Partners — has textile-related history that could qualify it for the program. Staff estimated the project could represent approximately a $40,000,000 investment upon completion.
The ordinance before council would formally certify the site, a municipal step commonly required so developers can pursue state tax credits available under the revitalization act. Staff said documentation had been received from the Lower Savannah Council of Governments and an attorney advising the developer.
Council took the item as a first reading and voted in favor. No objections were recorded during the meeting; council indicated support for projects that foster redevelopment and job creation in downtown and adjacent areas.
