The parcel of land is the former Hollygrove Market and Urban Farm site. It is zoned HU-MU and has 10 parking spaces grandfathered in. Located in an enterprise zone and an opportunity zone, the next development will be eligible for tax credits associated with these zones. Additionally a project can potentially be eligible for the restoration tax abatement program as well as Louisiana New Market Tax Credits. An environmental Phase 1 has been completed with no need for Phase 2.
It is zoned HU-MU and has 10 parking spaces grandfathered in. Located in an enterprise zone and an opportunity zone, the next development will be eligible for tax credits associated with these zones. Additionally a project can potentially be eligible for the restoration tax abatement program as well as Louisiana New Market Tax Credits. An environmental Phase 1 has been completed with no need for Phase 2.
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