Mental Health Partner Hudson LLC will be moving into Hudson Crossing Business Park this year with the help of a Community Reinvestment Area Tax Incentive.
Mental Health Partners Hudson LLC offers specialized, geriatric, psychiatric care, according to Hudson city Communications Manager Jody Roberts.
Patients are transferred to the facility for short stays, approximately two to three weeks from nursing homes and hospitals "to have their psychiatric medications reset and so that they may return to less specialized care facilities," Roberts said.
In a Community Reinvestment Area agreement, the city grants a tax exemption of new real property improvements for a specific number of years.
Hudson Council unanimously approved a resolution Feb. 7 to enter into a Community Reinvestment Act Area Agreement with Mental Health Partners Hudson LLC. The business would receive 50 percent tax abatement for 15 years in real property improvement tax exemption incentives.
Mental Health Partners Hudson LLC, owned by Ross Farro, would be a 13,250 square-foot facility on 5.2 acres on Lot #8 in Hudson Crossing Business Park, according to the application.
The new construction with fixtures and furniture is estimated to be $2.5 million.
Construction is due to begin in April and completed in September of 2017, according to the application.
The facility would employ 40 to 50 new full-time employees with 10 to 20 part-time jobs hired over a five-month period in 2017. The annual new employee payroll would be more than $3.2 million.
Four businesses have been added to Hudson Crossing and include Goldfish Swim School; ForTec Medical Inc. headquarters; Mental Health Partners Hudson LLC; and a medical facility yet to be announced, according to city officials.
Three lots remain undeveloped.
The four new businesses add $17 million in building improvements and $17 million in payroll taxes, according to City Manager Jane Howington.