STOCKYARDS INDUSTRIAL PARK — A big cold storage warehouse on the South Side is about to get even bigger, and the city is giving them a tax break for the planned expansion.
Berkshire Refrigerated Warehousing LLC plans to expand its facilities by 41,500 square feet, adding about one-third more space to the warehouse at 4550 S. Packers Ave. The project will cost about $5 million, city officials said.
A measure approved by the City Council earlier this week would reduce taxes on the property by $574,000 over the next 12 years.
The incentive the company is receiving is known as a Class 6 (b), which the city says is geared toward "stimulating economic activity and to revitalizing depressed areas."
The warehouse is a division of Berkshire Foods, run by president Ted Grzywacz. The company already has 94 employees, the city said. With the expansion, it plans to add 44 new jobs.
Representatives from Berkshire did not immediately return calls seeking comment.
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