Ordinance 71597

Redevelopment Plan and Blighting Study for the 2011-2125 Locust St. and 2106-2128 Washington Ave. Area

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Summary

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.

Overview

Session: 2022-2023

Board Bill Number: 108

Sponsor: Christine Ingrassia

Effective: 01/20/2023

Co-Sponsors:

Marlene E Davis

Legislative History

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

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