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Committee approves $15 million Cooper River Bridge TIF commitment for Low Line phase 1
Summary
The City of Charleston Committee on Ways and Means voted Jan. 28 to commit $15 million in Cooper River Bridge TIF funds to build phase 1 of the Low Line between Mount Pleasant Street and Line Street; Friends of the Low Line will match design-service costs.
The City of Charleston Committee on Ways and Means voted Jan. 28 to commit $15,000,000 from the Cooper River Bridge tax-increment financing (TIF) district to construct phase 1 of the Low Line, a linear public-space project between Mount Pleasant Street and Line Street. The committee also recorded a matching-design commitment from Friends of the Low Line for the project’s design services.
The committee’s action authorizes the city’s funding commitment for construction of phase 1; the item was introduced as a request from the chief policy officer for special projects. The…
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