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Council approves scaled-back modification to Taft downtown development; parking deck removed, units reduced
Summary
The council approved a major modification to the economic development agreement with Taft Corporate Office LLC for a downtown project rebranded as "Bridal Towns," cutting required units and public parking and removing a planned parking deck; staff said there is no fiscal impact to the city.
After a public hearing on March 24, the Greenville City Council approved a modification to the city's 2022 development agreement with Taft Corporate Office LLC, reducing the scale of a proposed downtown apartment project and removing a required parking deck.
City Attorney Scott Dixon summarized the requested changes and the background: the original agreement dated July 6, 2022, followed TAF's purchase of the former museum building and included a 30-year lease at $1 per year for the museum and cash contributions required by the deal. Dixon told council Taft completed purchase of the City Museum Building and…
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