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Allen County Redevelopment Commission outlines 2024 activity, ongoing projects including TIF-funded warehouse and road work
Summary
The Redevelopment Commission presented its 2024 annual report to the Allen County Council, describing new TIF districts, a 30,000-square-foot shell building under construction, a planned 180,000-square-foot temperature-controlled warehouse with a $60 million investment, and ongoing road-improvement plans tied to federal and state grant requests.
Alyssa Magali, director of redevelopment, presented the Allen County Redevelopment Commission's 2024 annual report to the Allen County Council on March 12, saying the commission met statutory requirements to file the report and to present it at a public meeting.
The report, Magali said, highlighted new and active projects supported with tax increment financing (TIF) and other commission funds. "The Commission established a new economic development area and an allocation area ... about 16.42 acres," Magali said, referring to a district off Airport Expressway created to support a 30,000-square-foot shell building being developed by Logan Properties. Construction is underway on that building, she said, and the Allen County Board of Commissioners agreed to reimburse carrying costs on the construction loan for up to three years.
The presentation also described a Van Eerden Food Service…
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