Pearl market developer seeks historic tax credits for industrial site

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Brasil Últimas Notícias,Brasil Manchetes

Extensive work to rehabilitate the Samuels Glass plant makes it eligible for historic tax certification if approved by a city panel.

Courtesy / Clayton Korte

Whoops! There was an error and we couldn't process your subscription. Please reload the page and try again. Built in 1948, the plant and its 1.4-acre parcel was acquired by Rio Perla Properties, a Silver Ventures subsidiary, in 2015. The 50,000-square-foot warehouse is valued at over $6 million, according to tax records. Brenda Bazán / San Antonio Report

freezing City of San Antonio taxes for 10 years or reducing city taxes on the property for a period of five years.

 

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