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City awards $19.3M landing project; Cleveland Road TIF to back most costs
Summary
The commission awarded a $19.3 million contract for The Landing, backed mainly by the Cleveland Road TIF. Committee members heard a construction timeline and an update that the Cleveland Road roundabout is out to bid.
City staff updated the finance committee on the Landing project and related Cleveland Road roadway improvements, including the roundabout and signal work.
Michelle Reeder, a city staff member, told the committee that the city commission in July awarded a $19,300,000 contract for The Landing. She said the project is primarily backed by the Cleveland Road tax-increment financing (TIF) district and has an 18-month construction timeframe with a target opening in 2026.
Reeder said the city currently has…
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