Opportunities / Incentives

Historic Preservation Tax Credit Information

For Qualified Rehabilitation

Colorado provides Historic Preservation Tax Credits for both residential and commercial properties.  

Residential:

Project caps is $50,000 (interior and exterior work), with the extent of the saving at 25% QRE's.  The City of Central / HPC as a Certified Local Government (CLG) will review the work, but you need to supply the State application to start the review process .  You can find more details on the links below:

       EXAMPLE: $50,000 project x 25% Colorado Income Tax Credit = $12,500 credit in which you could use over the course of 10 years or sell.

Commercial:

Extent of Savings

30% of QRE’s for projects less than $2,000,000- 25% for projects more

Max credit $1,000,000

State OAHP reviews the request, must reserve credit – first come/first serve basis ($5M Max each calendar year).  You can find more details on the program on the links below:

         EXAMPLE: $2,000,000 project (regardless where the funds come from) with a 30% Colorado Income Tax Credit = $600,000 credit in which you could use over the course of 10 years or sell. 

http://www.historycolorado.org/grants/tax-credit-application-forms

http://www.historycolorado.org/sites/default/files/files/OAHP/crforms_ed...

http://www.historycolorado.org/grants/preservation-tax-credits

 

Federal Tax Incentives are also available

20% income tax credit is also available for the rehabilitation of historic, income-producing buildings that are determined by the Secretary of the Interior, through the National Park Service, to be "certified historic structures".

https://www.nps.gov/TPS/tax-incentives.htm

 

Visit Main Street Casinos' website for a future vision and features of current available properties.

Enterprise Zone - Business Incentives

Central City has requested to be included into the Northwest Colorado Enterprise Zone.  Our inclusion is expected to be complete by mid-2017.  More information will be provided regarding this request as it becomes available.  You can also find more information regarding the Colorado Enterprise Zone program on the link below:

http://choosecolorado.com/doing-business/incentives-financing/ez/

For Sale

Casino Development Buildings/LAND.
Spring Street Block
50,000 sq ft of buildings and commercial land in the gaming district with an additional 200,000. sq ft of commercial land.
MCSHANE MERCANTILE CO.
McShane
126 Spring
9,067 SF
BABY DOE CASINO Central City.***Price Reduced.*
Baby Doe
98 Lawrence
20,300 SF
CC SOCIAL CLUB Casino
Social Club
112 Lawrence Street
12,200 SF
Charlies.jpeg
Charlies.jpeg, by zkeeler

Charlies 

Please contact a local realtor for more information.

For Lease

Doc Holiday (fmr)
131 Main Street
40,000 SF
Call Ren at 847.234.1499 for more information.

 

Scarlet's (fmr)
130 Main Street
30,000 SF
Call Ren at 847.234.1499 for more information
 

Please contact a local realtor for more information.