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The city is looking to fill in the Renaissance area with more shops and apartments to make the street feel more active and bring in more tax money.
At a glance
Declining — being discussed less frequently. 0 mentions in the last 30 days.
The city would provide a $500,000 loan at 3% interest, which is expected to be repaid over 10 years with a balloon payment after 5 years.
The developer gets help with financing, and the city benefits from new commercial activity and tax revenue.
A new mixed-use project is proposed for the Renaissance area, which would add commercial space and housing. The city is considering a $500,000 loan to help make the project happen.
We'll include it in your weekly brief whenever the council takes it up.
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