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Depot Plaza Hotel economic incentive
Summary
A proposed downtown-area hotel at 45 North 5th Avenue would get an eight-year GPLAT tax incentive, but the council tied approval to union-friendly conditions. Staff will now draft the lease agreement.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Last discussed Jul 21, 2026.
Impact analysis
💰Financial impact
An eight-year property tax (GPLAT) incentive would forgo city tax revenue in exchange for the hotel development.
✅Who benefits
The developer and future hotel workers, particularly if unionization proceeds.
⚠️Who could be affected
The city forgoes some tax revenue during the incentive period.
Mentions & discussions (1)
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