Development Authority of Fulton County Agenda January 2026
$28 Million Bond Incentive Sought for SoFu Commerce Center Project
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Description
Roosevelt COSF Owner, LLC plans a $28 million light industrial facility with bond inducement from the Development Authority of Fulton County. The SoFu Commerce Center project aims for 300 job creations and a $251.8 million economic impact.
Contract Details
Contract Amount
$28,000,000
Vendor
ROOSEVELT COSF OWNER LLC
Agency
Housing Authority of Fulton, KY
Contract Type
OTHER
Document Date
January 27, 2026
Contract Term
Estimated closing 1st Quarter 2026; completion targeted Q1 2027; estimated 10 years incentive period
Renewal Date
2036-03-31
Renewal Info
Incentive is for development and initial operation; estimated 10 year tax savings schedule provided; standard renewal subject to bond terms.
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