Agawam considering tax breaks for targeted redevelopment zone near Big E | masslive.com
The city is working on creating a District Improvement Financing zone, or DIF, around the former Games & Lanes property, a longtime eyesore and bulwark to revitalizing the Walnut Street Extension business district. The formerly toxic Games & Lanes site has undergone extensive environmental remediation and the dilapidated building that long dominated the lot has been demolished, prompting city officials to declare the area primed for redevelopment. DIFs channel dollars into targeted districts by offering tax breaks and other incentives for redevelopment.