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CRA outlines budget priorities: West Atlantic redevelopment, $30–40M near‑term bonding for Northwest infrastructure and park transfers
Summary
CRA staff presented a budget overview prioritizing West Atlantic Avenue redevelopment, modular commercial activation, and planned borrowing to fund Northwest neighborhood infrastructure.
CRA staff provided a year‑ahead budget overview and highlighted several priority projects and proposed transitions the board will consider during the budget cycle.
Why it matters: The CRA is planning major infrastructure borrowing to fund the Northwest neighborhood work and is prioritizing West Atlantic Avenue redevelopment while weighing how to allocate limited resources as project demands grow.
Key budget priorities and projects: Staff outlined long‑term redevelopment goals that include removal of slum and blight, land use changes, economic development, affordable and downtown housing, infrastructure and cultural facilities. Specific projects highlighted included modular…
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