The Catalyst Program is a targeted incentive package for new industrial development in either of the two Lawrence community business parks: Lawrence VenturePark or East Hills Business Park. Spec development or full build-out projects meeting eligibility criteria are automatically qualified for the basic assistance package and provided quick, streamlined approval.

The Catalyst Basic Package includes:

  • 50%, 10-year Real Property Tax Abatement or 70%, 10-year Real Property Tax Abatement for projects constructed to LEED Silver equivalent or higher. (LEED certification not required.)
  • Sales tax exemption on project construction materials
  • Business Park land provided at no cost
  • State provided 100% tax abatement on business machinery and equipment

This special program is temporary and will sunset within two years.  Applications are being accepted from April 2017 through April 2019. 

For More Information, Contact: