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URA approves 4th amendment to Tillion Phase 2 DDA, extends construction start to Dec. 1, 2026
Summary
The Caldwell Urban Renewal Agency voted 6–1 to approve a fourth amendment to the development disposition agreement (DDA) for the Tillion Phase 2 site, extending the commencement-of-construction deadline by one year and clarifying the allowed mixed-use scope after developer discussions about a possible downtown hotel partnership.
The Caldwell Urban Renewal Agency approved a fourth amendment to the development disposition and assistance agreement (DDA) for the Tillion Phase 2 site at its May 12 meeting, extending the deadline to commence construction to Dec. 1, 2026, and revising the Phase 2 project description to allow mixed‑use options.
Commissioner Warwick moved to approve the amendment; Commissioner Brooks seconded. The roll call vote was 6–1 in favor: Warwick, Dodi, Allgood, Cole, Porter and Brooks voted yes; Commissioner Moore voted no. The amendment passed.
The amendment makes two explicit changes: it updates the schedule of performance (pushing the “commencement of…
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