Board Bill Number 119 In Session 2025-2026

Redevelopment Plan for the 8111 North Broadway

Summary

This Board Bill seeks to approve a Chapter 99 Redevelopment Plan and Blighting Study for the 8111 North Broadway. Redevelopment Area. The project consists of the renovation of a mixed use building in the Baden neighborhood. The prospective redeveloper acquired the property for $20,000 and plans on renovating the building into event space, offices, and an apartment at the cost of $75,000. The redeveloper plans to utilize private funds for this project. Based on the Recommended Abatement Map approved October 26, 2018 by Board of Aldermen Resolution 104, the staff recommends a 10-year tax abatement based on 95% of the assessed value of the incremental improvements.

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Overview

Session: 2025-2026

Introduced: 12/17/2025

Primary Sponsors: Sharon Tyus

Latest Activity: Committee Assignment

Legislative History

Legislative activities and outcomes for this board bill. Learn more about what these activities mean.

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