90 Meat Outlet Opens Expansion on Avocado Street
SPRINGFIELD — Springfield Mayor Domenic Sarno joined officials from 90 Meat Outlet last week to celebrate the completion of its 15,000-square-foot expansion at 90 Avocado St. in the North End.
Latino Food Distributors, an affiliate of 90 Meat Outlet, built the expansion and moved its headquarters to the Avocado Street site. The move relocated eight jobs from a temporary leased site in West Springfield. Under the five-year tax-increment financing agreement, the company invested approximately $1.5 million into the project, including renovations and equipment, and will create seven new jobs.
The business will continue to pay current taxes on the 90 Meat Outlet building and received an exemption on the new construction, beginning at a full exemption during the first year, and down to 20% by the fifth year. The exemptions result in a savings of approximately $45,600 for the company over a five-year period, and a gain of $30,400 in taxes for the city of Springfield.
90 Meat Outlet owner Jim Vallides has also pledged to donate $1,000 to fund the ShotSpotter public-safety initiative that covers the North End area of Springfield to the Chicopee line.
