Board Bill Number 203 | Session 2019-2020

Redevelopment Plan for 300 North Tucker

Summary

This Board Bill seeks to approve a Chapter 99 Redevelopment Plan and Blighting Study for the 300 North Tucker Blvd. Redevelopment Area. This Board Bill will allow 300 North Tucker Blvd. to have 10 years of tax abatement based on 75% of the assessed value of the incremental improvements The project consists of the renovation of a partially occupied existing eight story office building in the Downtown neighborhood. The prospective redeveloper plans on converting 4 floors of the building into 44 apartments and renovating the office space. Approximate cost of the project is $9,500,000.

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Overview

Session: 2019-2020

Sponsor: Jack Coatar

Ordinance: 71143 effective 06/07/2020

Committee: Housing, Urban Development and Zoning

Legislative History

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

  • 01/31/2020

    First Reading

  • 03/06/2020

    Second Reading

  • 03/13/2020

    Perfection

  • 04/20/2020

    Third Reading

04/20/2020 Final Passage Vote Results

Aye Votes
26
Nay Votes
0
Vote Totals

View vote details

Ordinance

Ordinance Number: 71143

Effective Date: 06/07/2020

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