A developer, whose plans to redevelop Trinity Episcopal Church on South Main Street in Geneva were just approved, is asking for tax relief similar to the one given to another area project.
Mark McGroarty of McGroarty Investments is looking to convert the old church into a hotel with an attached events center and restaurant. The same amenities are planned for Lake’s Edge Seneca, a hotel, whose construction will begin next month on Lochland Road at the sight of the former Geneva American Legion, according to Finger Lakes Times.
Lake’s Edge was approved for a multi-million dollar tax abatement by the city’s Industrial Development Agency in December 2021.
The Trinity projects received final approval for the city’s planning board in July 2021 after four years of legal battles. Lake’s Edge and Trinity would be the third and fourth lodging businesses on Route 14 south of Geneva’s downtown area, along with Belhurst and Geneva On The Lake.
McGroarty said Trinity needs a tax abatement to “stabilize the asset and offset some of our construction costs.” The hotel has not yet submitted a tax-abatement plan to the city.
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