GOV
Ordinance 71628
Chapter 99 Redevelopment Plan for the 4974 Lindell Ave. Redevelopment Area
Summary
This Board Bill seeks to approve a Chapter 99 Redevelopment Plan and Blighting Study for the 4974 Lindell Ave. Redevelopment Area. The project consists of a parking lot in the Central West End neighborhood. The prospective redeveloper proposes constructing a 30-story apartment building. The apartment building will have approximately 293 market rate units, 1,500 square feet of commercial space and 340 parking spaces. The total project costs are estimated at $145 million. 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).
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Overview
Legislative History
Legislative activities and outcomes for this board bill. Learn more about what these activities mean.
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01/13/2023
First Reading
Bill text was introduced (3.60 MB PDF).
01/13/2023Referred to a Committee
The bill was assigned to the Housing, Urban Development and Zoning Committee.
01/19/2023Committee Hearing
The bill was passed out of committee with a recommendation of do pass during the Housing, Urban Development and Zoning Committee hearing.
01/20/2023Second Reading
01/27/2023Perfection
The bill was passed.
02/03/2023Engrossment
The bill was engrossed during the Engrossment, Rules, Resolutions and Credentials Committee.
02/03/2023Third Reading
The bill was passed.
02/03/2023Delivered to Mayor
02/17/2023Mayor Returns Bill
The bill was approved.
02/17/2023Delivered to Register
03/02/2023Register Returns Notice with Ordinance Number
Register returns ordinance number 71628. Effective date is 03/16/2023
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