JAMESTOWN – A public hearing for a sales tax exemption to help with the opening of the Jamestown Brewing Company will be taking place next week in Jamestown.
The Chautauqua County Industrial Development Agency is considering granting the exemption to the business, but must first hold a public hearing. The hearing will take place at 10 a.m. on Friday, May 19 in the IDA offices, located at 201 W. Third St., second floor of the BWB Building.
Jamestown Brewing Company is a proposed $4.8 million microbrewery and restaurant business being developed by John McLellan Sr. and John McLellan Jr., both from the Buffalo area. As part of the project, the Lillian V. Ney Renaissance Center building is being purchased by local developer George Patti of GPatti Brew and will be transformed into a three-floor brewery and restaurant.
Financing for the project also includes a $1 million request in state funding from the Downtown Revitalization Initiative and a $475,000 state Main Street grant that was awarded through the Regional Economic Development Council program.
More details on the project, including the costs and benefits (as presented by the applicant), can be found online at the IDA website.