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Planning committee hears Glendale Avenue redevelopment plan; TIF authority cited, no public testimony
Summary
The committee reviewed the Glendale Avenue redevelopment plan covering roughly 0.9 acres with two vacant commercial buildings; staff said establishing the plan would permit tax increment financing under the Ohio Revised Code; there were no public speakers and local council members praised the potential for neighborhood revitalization.
The Akron City Council planning committee on Jan. 22 reviewed a redevelopment plan for two parcels on the north side of Glendale Avenue immediately west of downtown. Planning staff described the Glendale Avenue redevelopment area as approximately 0.9 acres containing two vacant commercial buildings (one city-owned and one privately owned) and said the plan would not change existing zoning but would allow the city to utilize tax increment financing (TIF) under provisions of the Ohio Revised Code.
"The establishment of the redevelopment plan gives the city the ability to utilize tax increment financing in the plan area under provisions of the Ohio Revised Code," a planning presenter told the committee, adding that the plan's objectives include reusing developable parcels and creating opportunities for businesses and jobs for Akron residents.
No members of the public spoke during the public hearing portion. Ward 1 Councilwoman Sandy Shazier, whose ward includes the plan area, said the project ties into historic efforts to reconnect downtown and applauded staff for finding tenants and returning activity to the parcels. Councilwoman Sharon Connor, representing a historic neighborhood, also praised the revitalization effort.
Planning staff told the committee the current zoning designations (U4 commercial and UPD 40B) allow specified residential and retail uses and that the UPD 40 district would remain in place. The redevelopment plan contains property descriptions and statements of objectives; staff recommended approval to allow redevelopment activity and help attract jobs and private investment.
