City council considering tax exemption for potential grocery store

By WNEM Staff

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    SAGINAW, Michigan (WNEM) — Saginaw City Council members are considering whether to grant a 12-year tax abatement to turn the former Walgreens at Genesee and Hess into a grocery store.

The building was deemed obsolete because of the amount of work required to return it to a usable state.

An abatement would freeze taxes at current levels, giving the owners a financial incentive to invest in the site.

“This is a great opportunity for the fairgrounds’ neighborhood, for the city of Saginaw, and of course, our Genesee corridor,” one resident said during Monday night’s meeting.

A decision was not made at the meeting.

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