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Council committee approves Oxford Row allocation area, developer seeks TIF to finance 46‑unit neighborhood development
Summary
The committee approved creation of the Oxford Row economic development and allocation area and a TIF allocation area for the Chatham Park-developed mixed‑use project, which the developer said will include neighborhood retail, 46 housing units and a 10% deep‑affordability commitment.
The Metropolitan and Economic Development Committee approved two related proposals to remove parcels from the Fall Creek Citizens Redevelopment Area and Fall Creek Citizens Consolidated Housing TIF and to create the Oxford Row economic development and allocation area for the Oxford Row (Chatham Park) project.
Sherry Orr, principal program manager for Economic Incentives at the Department of Metropolitan Development, presented the items together and said the site occupies previously remediated land that the city cleared using brownfield funds in 2015. Nathaniel Vasales, vice president of…
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