A Syracuse investment team aspiring to transform an empty factory in downtown Tupper Lake into housing and commercial space received a fresh boost of support this week.
The Franklin County Industrial Development Agency on Wednesday authorized breaks on real estate, sales and mortgage taxes for Oval Wood Dish Tupper Lake LLC. It’s a move that pushes the stalled project toward a ground-breaking this spring, officials said.
The IDA tax breaks add to tens of millions of dollars in public assistance previously gathered by the developers to rehabilitate the former Oval Wood Dish plant.
Plans for a former factory
The project site is 11 acres with a manufacturing plant built in 1920. The plant made wooden items such as spoons and dishes. The long-shuttered factory that once employed hundreds is now seen as stimulating growth in an Adirondack Park village that has been trying to boost tourism and housing…