Danville may have moved a step closer to offering new incentives to commercial businesses, particularly those that would locate in the downtown area.
During a special called meeting and workshop Monday, Jody Lassiter, president of the Danville-Boyle County Economic Development Partnership, told the city commission more must be done to lure businesses.
Danville currently offers property tax abatements for up to five years under certain conditions and the city has expressed willingness to work on a case by case basis. However, incentives in the past have primarily been extended. Lassiter said he thinks the city needs more specific enticements for commercial business.
"Several cities around the state are reviewing what they offer and it is good timing for us because we have some prospects that are interested," Lassiter said. "Retail and commercial is an area we have not waded into yet. I think we need to look at some targeted incentives for downtown, particularly relative to potential restaurant and grocery prospects."