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Johnston council adopts Dragonwood urban renewal plan to enable TIF incentives for new business park
Summary
The City Council approved a resolution creating the Dragonwood Urban Renewal Area, authorizing staff to pursue tax-increment financing and signaling possible development agreements for a proposed multi-phase 57-acre 141 Business Park.
The Johnston City Council voted to adopt Resolution No. 25-71 on March 17, 2025, creating the Dragonwood Urban Renewal Area and adopting the Dragonwood Urban Renewal Plan to support commercial and industrial development near the interchange of Highways 141 and 415.
The plan covers parcels in the northwest annexation area and would allow the city to undertake urban renewal activities, including grants and public improvements. City staff told the council the plan is consistent with the city's future land use plan and current zoning, and that it would be Johnston's sixth active urban renewal plan if adopted.
City staff said the city expects to consider a development agreement with 141 Business Park, LLC, for a multi-phase business park…
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