Fall River Approves Tax Incentive for Connell Lofts Project

Fall River approved a ten-year Tax Increment Exemption and Certified Project Status for Connell Lofts LLC. The developer plans a $4.106 million rehabilitation of the former Connell School at 650 Plymouth Avenue to create 16 residential units, subject to state certification.

Document date · October 13, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$4,106,000 estimated project investment

Contract type

OTHER

Contract term

Ten-year tax increment exemption schedule: 80% exemption in years 1-5 and 20% exemption in years 6-10

Renewal date

2036-10-13

Renewal

Ten-year exemption schedule; no renewal option stated. Final project certification remains subject to state approval.

Document type

AgendaPacket

Source document

City of Fall River AgendaPacket City Council Meeting 2026-10-13

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Fall River?

Connell Lofts Llc was awarded this government contract by City of Fall River, as recorded on October 13, 2026. The contract value is $4,106,000 estimated project investment.

How much is the Connell Lofts Llc contract with City of Fall River worth?

The Connell Lofts Llc contract with City of Fall River is valued at $4,106,000 estimated project investment.

What type of contract is this?

This is a government contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Fall River AgendaPacket City Council Meeting 2026-10-13 (AgendaPacket), dated October 13, 2026 from City of Fall River. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Connell Lofts Llc hold?

Connell Lofts Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Connell Lofts Llc's profile

What is City of Fall River currently buying?

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