Two area developers on Monday night asked the
“This is a watershed moment for us in
The TIF bonds are not expected to increase taxes or put the city at risk for their issuance, Mestetsky said.
Each proposal was sent to the council's finance committee for additional review.
Novo is planning to redevelop the Walgreens site with Proscenium II, an
The expansion is driven, in part, by the fact that the Proscenium's condominiums sold at higher-than-expected prices.
“We were stunned by the amount of success we've had on that project,” Birkla said.
Tegethoff brought updated figures for its planned The Signature at
Materials provided at Monday's meeting showed the previously described
Council members asked whether that project's garage could help alleviate scarce parking at The Olivia mixed-use development across the street. Mestetsky confirmed the parking would be open to the public·