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Tax break OK'd for Lockport memory care facility

WHEATFIELD - A memory care facility planned in the City of Lockport gained a 15-year property tax break Wednesday.

The board of the Niagara County Industrial Development Agency unanimously approved the request from Briarwood Manor, which plans a $3 million addition to its current Lincoln Avenue assisted-living facility. The plan calls for a 10,000-square-foot, 20-bed memory care unit, geared toward Medicaid and Supplemental Security Income clients.

Briarwood Manor's total capacity of 160 beds won't change, because the facility plans to convert 20 existing rooms from semiprivate to private as part of the renovation. Nine to 11 new jobs would be created in the memory care unit, for which Briarwood Manor has received $1 million in state construction and operating grants.

The IDA staff estimated the tax break, which includes an exemption on paying sales tax for building materials and furnishings for the addition, will save Briarwood Manor $930,000 over 15 years.

 

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