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Oskaloosa council approves amended support resolution for 1 West LLC mixed‑use project
Summary
The City Council adopted a nonbinding resolution backing tax incentives for a proposed $11.2 million mixed‑use project by 1 West LLC, with an amendment requiring the developer to apply for Iowa brownfield tax credits and reducing city payments if credits are awarded.
The Oskaloosa City Council on Sept. 2 adopted an amended, nonbinding resolution expressing support for proposed tax incentives for a three‑story, mixed‑use development by 1 West LLC, with a requirement that the developer apply for Iowa brownfield tax credits and that any awarded brownfield credits reduce the city’s maximum rebate payments.
City staff told the council the project is a proposed $11,200,000 three‑story building on a roughly 3‑acre site on Coal Mine Loop with basement parking, first‑floor commercial space and up to 36 apartments on the second and third floors. The site plan was approved in 2023 and the project received Iowa workforce housing tax credits in August 2024; the developer is reapplying for brownfield credits in 2025.
“The recommended terms would provide commercial TIF rebates and a residential tax abatement to help the project be financially…
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