Community Development Incentives

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Currently, there are many incentives for community development.

earth-moverAIRPORT INDUSTRIAL PARK INCENTIVES

  • The 210-acre Airport Industrial Park has many lots with direct access to the airport and runways. The park is located along M-60 one mile east of US-131. Incentives include:
  • Free property based on job creation
  • 100% Personal Property Tax Abatements for new equipment and equipment not previously taxed in Michigan
  • Loan information and contacts

ESSEX WIRE PROPERTY INCENTIVES

  • The Essex Wire Property is approximately 20 acres and is along the St. Joseph River. Incentives include:
  • Grant money to cover Environmental Assessments
  • Preliminary subsurface investigation completed
  • Single Business Tax credit up to 10% of your investment or up to one million dollars
  • Real and Personal Property Tax Abatements

FORMER HOSPITAL – SPRING STREET

  • The 2.4-acre property was gifted to the City of Three Rivers. Our goal is to revitalize the property, and we will assist in any way possible. The building overlooks the St. Joseph and Rocky Rivers adjacent to Scidmore Park. The 59,000 square foot building includes a lower level, first floor, second floor, and third floor. Incentives include:
  • Environmental assessments complete with no contamination above acceptable criteria identified
  • Historic Downtown lcoation
  • Easy access to US-131
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