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Gallatin officials get design-phase update on downtown "Project Phoenix"; financing, timing left undecided
Summary
City officials received a 10-month design-phase update on Project Phoenix and were told the developer has not finalized financing requests such as tax-increment financing. Council members pressed for specifics on costs and relocation logistics; no commitments or approvals were made.
Miss Bates, executive director of economic development for the City of Gallatin, told the council on March 11 that Project Phoenix is in a 10-month design phase led by the developer and its consultants.
"Currently, Project Phoenix is in their 10 month design phase," Bates said, adding the developer is working with Historical Concepts on architectural considerations and Reagan Smith on engineering and infrastructure needs. "A stacking plan, phasing plan, construction schedule, and all of this must be approved by the governmental parties, meaning that not only would the City Council have to approve it, it's going to have to go through the Planning Commission process as well."
The update did not include a formal financing package. Council members and the mayor repeatedly pressed for details about how…
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