A multi-year tax appeal settled for the commercial and hotel space at Carriage City Plaza yielded a combined refund of $85,000, a reduction of about 12.5 percent of its tax bill over the four disputed years.
A new hotel for Carriage City Plaza, renaming a downtown space as Tesla Square, and a pop-up youth community center were among the highlights of the 2017 State of the City address on Thursday night.
A series of improvements are in the works at Sky View at Carriage City Plaza, including a new, separate hotel lobby entrance, kitchen and bar service, and rooftop deck.
Negotiations on the sale of Carriage City Plaza, including the 102-unit hotel that’s been vacant for 2 1/2 years, have fallen through with the leading potential buyer.
There are more than 300 residential properties on the city’s foreclosure registry, as of Sept. 1, including almost 100 vacant properties.
Carriage City Plaza, the downtown high-rise that is among the city’s most prominent symbols of redevelopment, could change hands later this year.
Redevelopment officials are encouraging the owners of Carriage City Plaza to find another hotel flag and retail tenants or sell the property to someone with hotel experience after Hotel Indigo shut down last month.
The 102-room hotel within Carriage City Plaza will lose its corporate flag next month and the condominium association will consider whether to convert the hotel space into another 68 residential units.