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Olivette council approves 2-year extension and milestones for Olive Crossing TIF
Summary
The Olivette City Council approved a second amendment to the Gateway I‑170 tax increment financing redevelopment agreement, granting the developer two additional years and setting new project milestones; city staff also updated council on construction progress at Olive Crossing.
The Olivette City Council on June 10 approved a second amendment to the Gateway I‑170 tax increment financing redevelopment agreement, granting the developer a two‑year extension and adding milestone requirements aimed at moving the Olive Crossing project toward substantial completion.
City Manager delivered the construction update that preceded the vote, telling council members that Lot 3 — the retail building at Olive Crossing — has had “some of the foundation walls” poured, site grading underway, and sanitary and stormwater work in progress. She said tenant coordination for Brass Tap and Paris Baguette is under way and that…
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