Tax break OK’d for stadium apartments

October 25, 2016

Tuesday, October 25, 2016, The Rome City Commission signed off Monday on a $3.3 million tax break that clears the way for a 124-unit upscale apartment complex next to State Mutual Stadium.

Developer Wright Ledbetter Jr. said the RiverPoint complex would be built on 6.29 acres of a 15.8-acre tract, which will leave room for the stores and restaurants he expects to follow.

“In our view, this corridor has the greatest potential for growth in Rome and Floyd County,” he told the board.

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