Two More Downtown Renovation Projects See Major State Tax Credits
December 22, 2022 4:57AM EST
CANTON, Ohio (News Talk 1480 WHBC) – A couple of older downtown buildings including Canton’s first skyscraper are being reborn, thanks in part to state tax credits.
The Ohio Historic Preservation Tax Credit Program has awarded another $4.8 million in credits to the Renkert Building at Market Avenue N and 3rd Street.
The plan there is for a 92-room extended stay hotel.
And another $2 million in credits goes to the Folwell-Zollinger Building facing Second Street NW between Market and Court.
That is expected to be a 24-unit apartment building.
Downtown developer Steve Coon is involved in both projects.