Tax credit award advances Balfour School redevelopment

More than in tax credits has been awarded to advance redevelopment of the historic Balfour School in Thomasville.

The award

The tax credit award is tied to the Balfour School redevelopment. The amount exceeds, making the award a significant source of financial support for the historic property’s next phase.

The school

Balfour School is a historic property in Thomasville. The redevelopment effort is intended to move the site forward, but the project’s specific future use, construction schedule and completion date have not been announced.

What comes next

The award advances the redevelopment process. Future steps will determine how the project proceeds, including any additional approvals, work at the property and the timing of construction or other activity.

The award does not by itself establish a completion date for the redevelopment. Further project announcements will clarify the scope and schedule for work at Balfour School.