AI Legalese Decoder: The Key to Streamlining Crew Work on New Projects
- February 12, 2024
- Posted by: legaleseblogger
- Category: Related News
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Demolition of Former Express Inn and Development of Huck’s Market in Princeton
The former Express Inn on Broadway in Princeton is undergoing demolition as the site prepares for a new development. Originally opened in the 1970s as a Holiday Inn, the hotelÔÇÖs condition had deteriorated and it closed a few years ago. The new development will be a HuckÔÇÖs Market convenience store, which is set to take the place of the former hotel. HuckÔÇÖs Market is a Carmi-Illinois-based company that operates more than 120 stores in the region, including one in Fort Branch.
The city of PrincetonÔÇÖs Common Council approved the rezoning of the 3.5-acre parcel to allow for the development of the 24-hour convenience store and gas station, which will face West Broadway. The new development will include three access cut-outs from Richland Creek Drive onto the property. The convenience store and gas station will offer diesel sales but will not operate as a truck stop and will not permit overnight parking on the premises.
Additionally, in August 2023, the council granted a five-year 100% abatement on property taxes for improvements to the site. This incentive allows the company to pay the base property tax rather than the increased tax that the new development would warrant, for a period of five years.
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