227 Main Street in Huntington was once home to the Old Huntington Town Hall building, but thanks in part to the assistance of the IDA, the long-vacant building will turn into a highly desired boutique hotel. The soon-to-be, 80-room Huntington Village Hotel will breathe new life into this 110-year-old historic building and support the region’s overall economic growth.
In 2020, Huntington Village Hotel Partners, LLC brought the project before the Suffolk IDA seeking assistance to construct a renewed epicenter for downtown Huntington that promotes tourism in the local downtown area. The project involves the construction of a 53,636-square-foot addition to the building as part of its revitalization plans.
To ensure the building was developed to become a coveted destination for tourism and an economic generator for local businesses, the Suffolk IDA authorized the following for the building:
- Property Tax Abatements
- Mortgage Tax Exemptions
- Sales Tax Exemptions
- Approval in 30 Days
- Connections to Resources with Other Partner Agencies