Rural King Development at Former Topps Plaza
Chemung County
Summary
Rural King plans to invest $6.3 million to acquire and renovate the vacant former Topps supermarket in South Elmira, bringing 45 new jobs and boosting regional sales tax revenue. The project is seeking a 50% ten-year property tax exemption from the IDA.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Last discussed Apr 30, 2026.
Impact analysis
Generates over $1.4 million annually in new sales tax revenue while nearly doubling property tax revenues on the site over ten years compared to current levels, despite a 50% tax abatement.
Residents of Elmira and Chemung County get a revitalized shopping center, new retail options, 45 jobs, and increased local tax revenues.
Mentions & discussions (2)
Special Meeting of the IDA - Apr 30, 2026
AJM Chemung County LLC is bringing a Rural King store to the former Topps Plaza location. The IDA approved tax exemptions and property tax abatements to support the project.
Chemung County IDA/CRC - Apr 15, 2026
Rural King plans to invest $6.3 million to acquire and renovate the vacant former Topps supermarket in South Elmira, bringing 45 new jobs and boosting regional sales tax revenue. The project is seeking a 50% ten-year property tax exemption from the IDA.
Related development
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