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Developers, DDA and county discuss property swap, sewer upgrade and affordable-housing commitments for downtown site
Summary
Developers and the Downtown Development Authority described a proposed property swap and infrastructure package that would create public parking, upgrade sewer capacity and provide an inclusionary-zoning payment to an affordable-housing fund; commissioners asked for additional public information before final agreements.
Representatives for a potential redevelopment of the former Hotel Abacus property and the Downtown Development Authority (DDA) presented an intergovernmental concept that would swap county-owned triangular parcels near Jackson Street, construct a consolidated parking facility and deliver sewer-line upgrades that proponents say are required for other nearby affordable-housing projects.
Nut graf: Developers said the transaction would generate near-term infrastructure—sewer capacity and public parking—and include a payment into the county’s affordable-housing fund under the existing…
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