Chapter 99 Redevelopment Plan for the 2616 Cherokee St. Redevelopment Area
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).
Legislative activities and outcomes for this board bill. Learn more about what these activities mean.
Bill text was introduced (2.19 MB PDF).01/17/2023
Referred to a Committee
The bill was assigned to the Housing, Urban Development and Zoning Committee.01/19/2023
The bill was passed out of committee with a recommendation of do pass during the Housing, Urban Development and Zoning Committee hearing.01/20/2023
The bill was passed.02/03/2023
The bill was engrossed during the Engrossment, Rules, Resolutions and Credentials Committee.02/03/2023
The bill was passed.02/03/2023Feedback is anonymous.
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