Board Bill Number 163 | Session 2022-2023

Chapter 99 Redevelopment Plan for the 2616 Cherokee St. Redevelopment Area

Summary

This Board Bill seeks to approve a Chapter 99 Redevelopment Plan and Blighting Study for the 2616 Cherokee St. Redevelopment Area. The project consists of the renovation of an existing mixed-use building in the Gravois Park neighborhood. The prospective redeveloper plans on renovating the building creating 6 apartments and 3 commercials units for the approximate cost of $865,000. This Board Bill will allow ten (10) years of tax abatement (10 years based on 75 percent of the assessed value of the incremental improvements).

Download

Lastest Bill text:

Overview

Session: 2022-2023

Introduced: 01/13/2023

Sponsor: Cara Spencer

Latest Activity: Delivered to Mayor

Legislative History

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

Was this page helpful?      



Comments are helpful!
500 character limit

Feedback is anonymous.

5 comments from people like you have helped us improve this page. Keep the feedback coming!