BUFFALO (WKBW) It was a big win for Delaware North's expansion plans Monday, as more than $800,000 worth of tax breaks were unanimously approved by the Erie County Industrial Development Agency.
The ECIDA board showed its support for Delaware North's plans to move its headquarters to the corner of Delaware and Chippewa, a multi-million dollar project bringing with it 65 permanent new jobs.
"We couldn't be more grateful for the support the board gave us today, that the policy committee gave us on Friday, and the community has given us," Delaware North VP Daniel Zimmer said after the vote.
This comes on the heels of a back and forth between county and company. The IDA put the issue of tax breaks on hold earlier this month, followed by Delaware North threatening to move out of Western New York entirely if the tax incentives weren't given.
"We reminded them that they are a Buffalo based company that had their start here, and we want them to grow here as well. We don't want to just say that we're keeping them here, but we want to see them grow," Erie County Executive Mark Poloncarz said.
This was the first step, but not the biggest. It is now up to the Industrial Development Agency to decide on tax incentives for Uniland Development, the company hired to build the new 12 story building.
"It's important for that piece of the puzzle to be considered because that will create the path to develop the building," Zimmer added.
Uniland's request for tax incentives will be discussed at a public hearing and then board vote sometime next month, with the future of the entire project potentially resting on the outcome of that vote.
"If the application doesn't pass I don't think the building is going to be built. So it's important that discussion is held in the coming weeks because everything that we did today would be moot, because if you don't build a building it doesn't matter what the tax breaks are," Poloncarz stated.
Both the County Executive and Mayor Byron Brown say they expect the proposal to pass next month, but not unanimously.