Springfield City Council grants tax incentives totaling $4.6M for major Big Y expansion

The City Council on Monday unanimously approved tax incentives for Big Y Foods, which officials estimate will save the company nearly $4.6 million over eight years, in exchange for a major expansion at its distribution center in East Springfield.Big Y is investing an estimated $46 million in the 232,000-square-foot expansion project at 2146 Roosevelt Ave. including construction, renovations, personal property and equipment, officials said. The project also involves creating additional parking and access from properties owned by Big Y at 60 and 90 Memorial Drive.

Read the source article at masslive.com