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Council committee approves TIF for African Town Plaza redevelopment on East Side
Summary
Finance Committee approved a TIF agreement to support redevelopment of the former YMCA at 7515 Cedar Avenue into African Town Plaza, a mixed-use development with community programming, commercial space and affordable units.
The Finance Committee approved Ordinance 434-2025, authorizing a tax-increment financing (TIF) agreement with JSAACC LLC (or designee) to assist financing of the Africa Town / African Town Plaza project at 7515 Cedar Avenue (former YMCA site) in Ward 5.
City presenters said the project is a three-story, roughly 47,000-square-foot mixed-use redevelopment that will include community programming space on the second floor, a…
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