Hillpointe Apartments Receives Approval for PILOT Request.
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Description
Approval for Hillpointe Apartments Project's PILOT request, located on Mitchell Road, with a Real Property Value of $52,717,802 and an Equipment Value of $14,250 for a 10 year period of 33% tax abatement.
Contract Details
Contract Amount
$52,717,802 + $14,250
Vendor
HP 256005 OAK RIDGE
Agency
City of Oak Ridge, TN
Contract Type
PILOT
Document Date
October 6, 2025
Contract Term
10 years
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