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Department of Community Investment,City of South Bend
<br /> Part 1: Real Property Tax Abatement Summary -2024 82 Active Tax Abatements
<br /> Confirming Expected Estimated Actual Announced Actual
<br /> Start Pay Years Estimated Actual Project Announced Actual New Compliance*
<br /> Corporation Project Information Resolution End Pay Completion Completion Retained Retained •
<br /> Number Year Granted Year Project Cost Cost Date Date Jobs Jobs New Jobs Jobs (0-6)
<br /> Five Corners LLC 1130 South Bend Ave.-RPTA 2019 4811-19 2022 7 2029 $ 4,315.000 $ 4,300.000 5/1/2021 5/1/2021 0 87 53 2
<br /> Five Corners LLC 5 Comers(1144 Corby Blvd.)-RPTA 2023 5046-23 2026 10 2035 $ 24,500,000 $ 5,220,800 8/31/2025 0 0 9 0 1
<br /> 4018 South Bend LLC 6701 Nimtz Parkway-RPTA 2019 4785-19 2022 6 2027 $ 12.940,000 $ 10,049,989 3/31/2020 11/5/2020 0 1 0 1 1
<br /> Caspers-Shutts Family Trust 711-713 Leland Rehabilitation-RPTA 2024 5088-24 Not Started 6 $ 450,000 3/12027 0 0 6 0 0
<br /> Advantix Development Advantix Affordable Scattered Site 5041-23 Not Started 10 $ 14.000,000 0 2 0
<br /> Corporation Development-RPTA 2023
<br /> GLC Portage Prairie,LLC AM General-Portage Prairie-RPTA 2023 5033-23 2026 9 2034 $ 12,000,000 $ 9,960,000 6/1/2024 8/12024 76 76 15 30 1
<br /> Bald Mountain LLC Bald Mountain LLC(Barnes&Thornburg-213 4693-17 2021 6 2027 $ 9,000,000 $ 4.616.000 8/31/2020 8/312020 0 15 46 1
<br /> 217 S.Main St.)-RPTA 2017
<br /> David A Nufer LLC BUftDns Laundry(521 N.William St.)-RPTA 5027-23 2025 4 2028 $ 1,600,000 $ 1,871,861 12/312023 4/30/2024 4 4 0 1
<br /> 2023
<br /> 1173 South Bend DST Catalyst Three(Press Ganey-1173 Ignition 4781-19 2022 8 2030 $ 16,000.000 $ 14,865.748 7/1/2021 7/1/2021 2
<br /> Dr.)-RPTA 2019
<br /> CBK Land Development LLC/ Chase Plastics(5245 Dylan Dr.)-RPTA 2014 4406-14 2018 10 2027 $ 4,885,376 $ 5,163,301 12/31/2015 12/212015 12 12 13 9 2
<br /> Chase Plastics .
<br /> CBK Land Development LLC/ Chase Plastics Addition(5245 Dylan Dr.)- 4779-19 2023 7 2029 $ 3.500,000 $ 3,636,260 1/31/2020 5/26/2020 18 18 13 3 2
<br /> Chase Plastics RPTA 2019
<br /> GFC Holdings,LLC/Claeys Claeys Candy(Nimtz Parkway)-RPTA 2021 4893-21 2023 9 2032 $ 5,500,000 $ 7,416,925 4/1/2022 10/312022 30 30 3 11 1
<br /> Candy
<br /> Colfax Hill Partners.LLC Colfax Hill Partners(525 E.Colfax Ave)- 4364-14 2018 8 2025 $ 3.000.000 $ 2.953.000 7/1/2016 9/282016 1
<br /> RPTA 2014
<br /> Commerce Center Commerce Center(300 E.LaSalle Ave.)- 4613-17 2022 10 2031 $ 35,475,000 $ 45,000,000 6/15/2022 6/152022 4
<br /> Development,LLC RPTA 2017 , -
<br /> Nilkanth Properties.LLC Dairy Queen(4836 W.Western Ave)-RPTA 4691-18 2021 7 2027 $ 1.660.661 $ 1,600.000 5/30/2019 6/24/2019 0 40 45 1
<br /> 2018
<br /> Delta Management Company, Delta Management Company(4755 Ameritech 4895-21 2024 5 2028 $ 1,800,000 $ 1,800,000 4/12022 6/302022 50 62 10 10 1
<br /> LLC Dr.)-RPTA 2021
<br /> Diamond View Apartments. Diamond View Apartments(Affordable Multi-
<br /> 5023-23 2026 8 2034 $ 9.885.500 3/1/2025 0 0 2 0 1
<br /> LP Family)-RPTA 2023
<br /> AFP 111 CORP. DoubleTree Renovation(Downtown)-RPTA 5100-24 2026 9 2034 $ 10,200,000 7/15/2025 110 110 5 1
<br /> 2024
<br /> GLC Portage Prairie,LLC GLC Portage Prairie-RPTA 2015 4483-15 2018 8 2026 $ 7.000.000 1/31/2017 15 1
<br /> GLC Portage Prairie II,LLC GLC Portage Prairie II-RPTA 2017 4610-17 2020 6 2026 $ 7,700,000 $ 7,436,811 12/31/2018 12/312018 0 10 45 1
<br /> GLC Portage Prairie IV.LLC GLC Portage Prairie IV-RPTA 2019 4783-19 2021 6 2028 $ 7.200,000 $ 7,512,000 6/1/2021 12/26/2021 0 0 1
<br /> GLC Portage Prairie V,LLC GLC Portage Prairie V-RPTA 2022 4957-22 2025 7 2031 $ 16,418,200 $ 14,527,610 1/1/2024 12/1/2024 0 50 2
<br /> Filed in Clerk's Office
<br /> Jun 13, 2025
<br /> viatica I iradil June 13.2025
<br /> CO, ('Icrk. South Bend. IN
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