Several properties in Leon County could get a facelift, including the old Tallahassee Mall along North Monroe Street. Starting Jan. 1, federal tax breaks could draw investors and help breathe new life into the area.
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Federal tax breaks could spur redevelopment at old Tallahassee Mall and other Leon County properties
The program offers federal tax breaks to eligible investors who reinvest profits from the sale of assets into qualifying projects. At the former Tallahassee Mall, the Office of Economic Vitality says that could help attract investors to redevelop the property.
Shola Akisanya remembers when the mall was a busy gathering place. He says it has lost some of that appeal over the years…