Board Bill Number 205 | Session 2019-2020

Redevelopment Plan for 1501 South 7th Street


This Board Bill seeks to approve a Chapter 99 Redevelopment Plan and Blighting Study for the 1501 South 7th St. Redevelopment Area. This Board Bill will allow 1501 South 7th St. to have 10 years of tax abatement based on 95% of the assessed value of the incremental improvements The prospective redeveloper proposes demolishing the occupied building on the property and constructing an apartment building. The apartment building will have approximately 300 market rate units, 5,000 square feet of commercial space and 330 parking spaces. The acquisition cost for all four parcels is $4.2 million, and construction costs are estimated at $68 million.



Session: 2019-2020

Sponsor: Jack Coatar

Ordinance: 71145 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


  • 04/20/2020

    Third Reading

04/20/2020 Final Passage Vote Results

Aye Votes
Nay Votes
Vote Totals

View vote details


Ordinance Number: 71145

Effective Date: 06/07/2020

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