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Local developer asks Cleves Village council to consider tax abatement for 230 South Myrtle Avenue
Summary
Developer Matt McManus asked the Cleves Village council to start a review for a tax abatement and zoning approvals for a proposed $900,000 downtown building at 230 South Myrtle Avenue; council members said a finance-committee review and a later council vote would be needed, with an earliest possible council decision in August.
A local developer asked Cleves Village officials on Tuesday to start a formal review of a tax abatement for a proposed commercial building at 230 South Myrtle Avenue, the brown building next to the village's new library.
Matt McManus identified himself to the council and said his firm plans a roughly $900,000 project and would occupy the ground floor while renting professional space on a second floor. "The building is going to be about a $900,000 building is what we're targeting," McManus said, and he estimated that the finished property would generate about $26,000 a year in property taxes before any abatement.
Council members and staff described the procedural steps. The chair said finance committee would review the request and could then recommend approval or decline to the full council; the earliest practical schedule mentioned was a finance-committee review on July 22 followed by a council meeting on Aug. 12 if the committee recommended action. Council members cautioned that each step can add weeks to the process, and staff will need to confirm required submissions for planning and zoning.
McManus gave a tentative timeline for the project, saying demolition of the existing building could begin in October with occupancy targeted for June 2027 if approvals proceed on an aggressive schedule. He asked the council how long a tax abatement could last; a staff summary later in the meeting said CRAs (community reinvestment areas) can grant abatements lasting up to 15 years, and council indicated abatement length and percentage would be part of finance and planning deliberations.
McManus said his firm intends to own and operate from the proposed building and described a broader vision for downtown revitalization, including wellness and small-service businesses. Council agreed to have staff (Justin) begin the review and asked the applicant to coordinate with planning and finance staff before the next committee meeting.
The council did not vote on any abatement at the meeting. The matter was scheduled for further review by the finance committee and planning staff before any recommendation to the council.
