The Onondaga County Industrial Agency voted unanimously Thursday to approve tax breaks for the proposed multi-million dollar warehouse in Clay.
Trammell Crow requested approximately $20 million in sales tax exemptions, $1.6 million in mortgage recording tax breaks and $49 million in property tax breaks.
That all adds up to more than $70 million.
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Trammell Crow is looking to build a $280 million distribution center at the Liverpool Golf Course, promising to create around 1,000 jobs. It is still unknown what company would be occupying the facility.
The developer would also pay $28 million over 15 years as part of a payment in lieu of taxes (PILOT) agreement.
If approved, the town of Clay would still need to agree to change the zoning on the property in order for the deal to be completed.
The environmental review of the project was also approved Thursday. From parking and traffic flow to water and sound, the report broke down the impact construction will have on the area.
The report did project that it will cause a change in traffic flow, which has been a concern for local residents.
"In my whole history of government I’ve never been through a more thorough and comprehensive review as this,” said IDA head Pat Hogan. “That means we're crossing ‘T’s and dotting ‘I’s. We want to make sure this becomes a part of our community. That means we're doing our due diligence.”
There will be more approvals in the coming weeks.