Redevelopment Plan and Blighting Study for the 2011-2125 Locust St. and 2106-2128 Washington Ave. Area
This Board Bill seeks to approve a Chapter 99 Redevelopment Plan and Blighting Study for the 2011-2125 Locust St. and 2106-2128 Washington Ave. Area. It is anticipated that there will be at least four projects developed in the Area. The projects will include the renovation of three mixed-use buildings and construction of three new buildings. The uses will be both commercial and residential with parking built into the new structures. In response to LCRA advertisement for proposals, applications for each project will be evaluated, scored, and the LCRA Board will consider designation of redeveloper. The LCRA Board recommends, and this board bill will allow, up to a 10-year abatement based on 90 percent of the assessed value of the incremental improvements.
Legislative activities and outcomes for this board bill. Learn more about what these activities mean.
Bill text was introduced (2.78 MB PDF).10/21/2022
Referred to a Committee
The bill was assigned to the Housing, Urban Development and Zoning Committee.11/17/2022
The bill was passed out of committee with a recommendation of do pass during the Housing, Urban Development and Zoning Committee hearing.11/18/2022
The bill was passed.12/09/2022
The bill was engrossed during the Engrossment, Rules, Resolutions and Credentials Committee.12/09/2022
The bill was passed.12/09/2022Feedback is anonymous.
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