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Commission hears updates on High Point Station, Muncie Mall redevelopment and TIF reimbursements
Summary
City staff updated the Muncie Redevelopment Commission on the High Point Station apartment/commercial project and on plans for demolition and TIF reimbursements tied to a planned redevelopment of the Muncie Mall; no formal action was taken.
Jeff Howe, city redevelopment staff, told the Muncie Redevelopment Commission on July 17 that the High Point Station project and plans for the Muncie Mall remain active but that several approvals and funding steps are still pending. "It's gonna be 54 market rate apartments and approximately 15,000 square feet of commercial and restaurant space, combined with the ... green space," Howe said, describing the High Point Station proposal.
Why it matters: both projects are central to downtown redevelopment and to future tax increment financing (TIF) revenue the commission may use to support public investments.
Howe said work on High Point Station's green space is underway and that the commission and city have exchanged…
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