Amarillo's CenterPort adding 50,000 SFAmarillo's CenterPort adding 50,000 SFhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=91372012-11-02T06:43:00Z2012-11-02T00:00:00Z

AMARILLO - CPT Blvd 2012, a development group associated with Prana Development Group, has received a five-year tax abatement agreement to build a $2.2 million building in CenterPort Business Park.

The building is set to be 50,000 sf, with almost half of that occupied by Lindsay Manufacturing, an Amarillo business that makes agricultural irrigation systems. The other half would be leased to businesses not yet under contract.

The abatement for the first year is estimated at $7,200 and would decrease to about $1,500 by the fifth year, according to James Wester, a member of the group constructing the building.

Amarillo Globe-News
http://amarillo.com/news/local-news/2012-10-30/commission-approves-tax-abatement-facilityRead more at {Source}

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