Press release:
The Genesee County Economic Development Center (GCEDC) Board of Directors approved incentives for a building renovation project in the City of Batavia at its Sept. 3 board meeting.
Neppalli Holdings LLC will invest approximately $1.165 million to renovate a three-story building at 99 Main St. in Downtown Batavia. The renovation and redevelopment of the 7,500-square-foot building, which was built in 1865, includes a new storefront, façade, and reconstruction of the existing three floors.
A dental practice will reside on the first floor with the second floor being developed for commercial office space. The third floor will include two two-bedroom market-rate apartments.
Neppalli Holdings LLC is the latest transformational building renovation project to proceed in Downtown Batavia through Governor Cuomo’s $10 million Downtown Revitalization Initiative (DRI).
The project will be receiving sales and mortgage tax benefits totaling $63,500.
