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Old 12-23-2016, 03:29 PM
 
12,545 posts, read 35,013,038 times
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Quote:
Originally Posted by tragenvol View Post
It means that the property owner shall abate whatever public nuisance is produced by the property that is in violation of municipal or county code and/or state law.
I wonder what that nuisance would be. I mean, that Interstate Center is located between a self storage compound and a transmission shop with Interstate 40 behind it. Maybe the nuisance is that the building has been sitting vacant for a couple of years. Speaking of which, I did hear that the interior of the building has or has had mold issues which is why it's not been leased. That might also explain why the doors are always propped open.
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Old 12-23-2016, 04:18 PM
 
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Quote:
Originally Posted by JMT View Post
I wonder what that nuisance would be. I mean, that Interstate Center is located between a self storage compound and a transmission shop with Interstate 40 behind it. Maybe the nuisance is that the building has been sitting vacant for a couple of years. Speaking of which, I did hear that the interior of the building has or has had mold issues which is why it's not been leased. That might also explain why the doors are always propped open.
Two words: Interstate. Drive.
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Old 12-23-2016, 06:26 PM
 
Location: On the plateau, TN
15,208 posts, read 11,099,892 times
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[quote=JMT;46595851]The commercial property located at the NW corner of Neal Street and Veterans Drive has been sold. I've heard it's going to be more medical offices.

There has been some work done on the empty Interstate Center on Interstate Drive. There are also a couple of city notices taped to windows saying the property is up for abatement, whatever that means.[/quote]




When you invest in renovations your property taxes usually go up. An abatement makes it possible for property owners to minimize the taxes they pay, sometimes by still paying the same taxes before any improvements are made.


So, I would guess the owner has applied for a tax reduction and the abatement is up for review...
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Old 12-23-2016, 06:31 PM
 
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[quote=Bones;46601999]
Quote:
Originally Posted by JMT View Post
The commercial property located at the NW corner of Neal Street and Veterans Drive has been sold. I've heard it's going to be more medical offices.

There has been some work done on the empty Interstate Center on Interstate Drive. There are also a couple of city notices taped to windows saying the property is up for abatement, whatever that means.[/quote]




When you invest in renovations your property taxes usually go up. An abatement makes it possible for property owners to minimize the taxes they pay, sometimes by still paying the same taxes before any improvements are made.


So, I would guess the owner has applied for a tax reduction and the abatement is up for review...
That does make sense.
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Old 12-23-2016, 06:56 PM
 
917 posts, read 1,071,245 times
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Quote:
Originally Posted by Bones View Post
When you invest in renovations your property taxes usually go up. An abatement makes it possible for property owners to minimize the taxes they pay, sometimes by still paying the same taxes before any improvements are made.


So, I would guess the owner has applied for a tax reduction and the abatement is up for review...
I don't think that is the case here; they haven't appeared to renovate anything, and I think the floors are still gravel. Plus this property has remained unfinished for a couple of years; so, you can't renovate something that isn't completed.

An owner would apply for a tax liability lessening; the city would not place a notice of abatement for tax reasons.

Notices of abatement require the owner to abate whatever the city has determined to be a nuisance per municipal code, and the steps the property owner must take to abate the code violation(s).

That's my take...I'm not always right as my wife likes to remind me.
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Old 12-23-2016, 09:43 PM
 
12,545 posts, read 35,013,038 times
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Quote:
Originally Posted by tragenvol View Post
I don't think that is the case here; they haven't appeared to renovate anything, and I think the floors are still gravel. Plus this property has remained unfinished for a couple of years; so, you can't renovate something that isn't completed.

An owner would apply for a tax liability lessening; the city would not place a notice of abatement for tax reasons.

Notices of abatement require the owner to abate whatever the city has determined to be a nuisance per municipal code, and the steps the property owner must take to abate the code violation(s).

That's my take...I'm not always right as my wife likes to remind me.
That makes sense, too.
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Old 01-10-2017, 01:09 PM
 
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An unnamed company is buying 15 acres on the far eastern edge of the Highlands Business Park. Code named Project Orlando, all we know is that it's an international company that makes steel molds for the tile industry and will bring 30 jobs to town with the potential of many more.

Company to buy land in Highlands Business Park | Herald Citizen
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Old 01-10-2017, 10:29 PM
JRR
 
Location: Middle Tennessee
5,495 posts, read 3,195,971 times
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Has anyone heard any more about a Kroger going in on 10th Street? Reason I'm asking is that a house near Algood has popped up on my radar to look at. We are old time fans of Publix, but if we moved to that area a Kroger nearby would be appreciated for the times we didn't feel like driving down to Publix. Not a fan at all of Wal-Mart so I guess the Food Lion on that side of town would be our default choice if nothing else available.
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Old 01-11-2017, 08:05 AM
 
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baxter apartments and retail, 56 and buffalo valley road (nashville hwy), they have begun work on that site .
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Old 01-11-2017, 08:56 AM
 
917 posts, read 1,071,245 times
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Quote:
Originally Posted by JRR View Post
Has anyone heard any more about a Kroger going in on 10th Street? Reason I'm asking is that a house near Algood has popped up on my radar to look at. We are old time fans of Publix, but if we moved to that area a Kroger nearby would be appreciated for the times we didn't feel like driving down to Publix. Not a fan at all of Wal-Mart so I guess the Food Lion on that side of town would be our default choice if nothing else available.
I can vouch for the Food Lion you mention. As far as the Kroger, there are indications it will happen where you cite. I even stated that a contract had been signed, but although the source is credible...I can't guarantee the development. I sure hope so....our side of town as well.
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