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DeSoto development board outlines steps to attract $100M-plus projects in entertainment corridor
Summary
City staff told the DeSoto Development Corporation board that the agency controls key sites for an entertainment district and is pursuing zoning changes, developer partners and infrastructure design aimed at drawing $100 million-plus projects to the Hampton/BeltLine corridor.
DeSoto Development Corporation staff updated the board on plans for an entertainment district centered on the southern end of the Hampton/BeltLine corridor, saying the agency owns two key development parcels and is working to align zoning, design and developer partners to attract major private investment.
City and development staff said the planned district is intended to boost hotel occupancy and conference and performing-arts activity, link to a new recreation center and create shuttle connections. Staff described seeking developer commitments that would each likely exceed $100,000,000 but said no such commitments exist yet within the TERS 2 zone.
Board members were told the EDC now owns both strategic sites referenced in the plan, including a parcel acquired in April that had been…
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