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Board approves TID 31 project plan to back 125-unit Aster apartments and Fire Station 1 redevelopment
Summary
The Joint Review Board approved a draft project plan for Tax Increment District 31, a proposed blighted-area district covering roughly 5.5 acres in southern downtown to support a 125-unit market-rate apartment project and the planned redevelopment of Fire Station 1.
The Green Bay Joint Review Board on June 10 voted to approve a draft project plan for proposed Tax Increment District 31, a blighted-area TIF intended to support two downtown redevelopment projects including a 125-unit apartment building called Aster and a planned conversion of Fire Station 1 to mixed-use space.
City staff said the proposed district covers just over 5.5 acres in the southern portion of downtown near South Adams and East Mason streets and includes five parcels that the staff has designated as…
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