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City staff introduces two TIF applications: Riverpointe condominiums and Copper Rocks redevelopment
Summary
Officials presented two new Tax Increment Financing applications: an 18-unit for-sale condominium project in the Riverpointe District and a large mixed-use redevelopment of the former Kmart site (Copper Rocks) at State Road and Losey Boulevard.
City staff and developers introduced two new Tax Increment Financing (TIF) applications to the Economic and Community Development Commission for preliminary review: Riverpointe District Condominiums and the Copper Rocks redevelopment of the former Kmart site at 2415 State Road.
Julie, a city staff member, told commissioners these presentations were introductory and that both applications will proceed through additional review by the Redevelopment Authority and the Planning Commission before any formal TIF or rezoning actions. Jason…
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