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Council told EDC will seek incentives for Alexine Mall redevelopment estimated at $12.6 million
Summary
Staff presented a resolution to authorize an Economic Development Corporation project to support redevelopment of the former mall into new retail, estimating $12.6 million private investment and 101 construction jobs; the presentation drew no substantive questions at the work session.
City staff on Monday briefed the council on a proposed Economic Development Corporation project to incentivize redevelopment of the former Alexine Mall.
“This resolution is authorizing, BDC project to incentivize Palestine Mall redevelopment, for the creation of a hundred and 1 construction jobs, full…
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