Two years after kicking off construction on the first phase of his Lancaster Village Center redevelopment project – now fully occupied – Tommy R. Sweeney is ready to embark on the second part of his effort to remake part of the village’s business district.
But he says he can’t do the $5.2 million project without tax breaks from the Lancaster Industrial Development Agency. He’s seeking $131,000 in sales tax breaks on purchases, $38,000 in mortgage-recording tax relief and an unspecified property tax break.
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Sweeney’s Glassco Management wants to build a 27,000-square-foot apartment and retail building at 20 W. Main St. That’s part of a larger 4.3-acre piece of land – known locally as the “BOCES property” – that Sweeney bought from the Village of Lancaster Community Development Corp. for $925,000 in 2018.
Plans call for 18 upper-level apartments and 9,000 square feet of first-floor retail and commercial space, overlooking Cayuga Creek Park and within walking distance to village shops. The apartments will be a mix of one- and two-bedroom units.
That’s similar to the first phase that Glassco completed last year. That building is now fully leased with apartment tenants and six retailers. The stores in the first building include 716 Athletics, Gabriel’s Bakery, bath-and-body retailer Bathe, Symposium Wine Bar, women’s clothing consignment store Emily’s Closet and West Main Jewelers.
Sweeney said he…
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