GOV
Board Bill Number 129 Votes In Session 2023-2024
Chapter 99 Redevelopment Plan for the 400 South 14th St. Redevelopment Area
Board Bill
This Board Bill seeks to approve a Chapter 99 Redevelopment Plan and Blighting Study for the 400 South 14th St. Redevelopment Area. This Area consists of the hotel condominium unit of a partially occupied building that is in the Downtown West Neighborhood. The property in the Area is currently blighted and is in a deteriorated condition that constitutes an economic liability to the City. The prospective redeveloper is acquiring the property for approximately $11.0M and plans on renovating the hotel portion of the building at 400 South 14th St. for the approximate cost of $34.9 million. Retail and restaurant bays will also be reactivated at street level. Private financing will be used for the project. The project is approved for ten (10) years of tax abatement based on 75% of the assessed value of incremental improvements.
02/02/2024 Final Passage Vote Results
| Ward | Alderman | Position |
|---|---|---|
| 1 | Anne Schweitzer | Aye |
| 2 | Tom Oldenburg | Aye |
| 3 | Shane Cohn | Aye |
| 5 | Joseph Vollmer | Aye |
| 7 | Alisha Sonnier | Aye |
| 8 | Cara Spencer | Aye |
| 9 | Michael Browning | Aye |
| 10 | Shameem Clark Hubbard | Aye |
| 14 | Rasheen Aldridge | Aye |
| 4 | Bret Narayan | No |
| 6 | Daniela Velazquez | No |
| 12 | Sharon Tyus | No |
| 13 | Pamela Boyd | No |
| President | Megan E Green | No |
| 11 | Laura Keys | Did Not Vote |
