The Town of Tonawanda and a local confectioner have exchanged the equivalent of heart-shaped boxes of chocolates just in time for Valentine’s Day.
The Town Board agreed Monday night to sell 25 acres of its North Youngmann Commerce Center to candymaker Wythe Will Tzetzo, making it the anchor tenant of the new 90-acre business park along the town’s northern border.
“We’re thrilled tonight to be able to sell the first portion, Supervisor Anthony F. Caruana said. “This land will be used for a 310,000-square-foot building.”
The $18.7 million project by Zaepfel Development Co. includes a sprawling factory and warehouse for Wythe Will Tzetzo, which makes private-label and branded candies, snacks and gourmet food for theme parks, supermarkets and gourmet food stores.
Under the agreement, the company will pay $35,000 for each of 20 acres and $5,000 for each of 5 acres of wetlands, Caruana said.
In exchange, the company is getting more than $5.1 million in tax breaks approved in September by the Erie County Industrial Development Agency.
The project is expected to retain 165 full-time and 105 part-time jobs, while creating 20 full-time positions and 30 part-time posts within the next two years.
The company, headquartered in Virginia, is expected to move its corporate officers to the new complex, said Councilman Joseph H. Emminger.