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Planning staff says Schlage Lock redevelopment needs new financing plan; community prioritizes grocery and open space
Summary
Planning staff told the commission the Schlage Lock (Visitation Valley) master plan must be revisited after the loss of redevelopment tax-increment financing, and outlined a Phase 1 approach while community workshops confirm priorities: grocery, parkland, circulation and affordable housing.
Planning Department staff updated the commission on the 2012 revisit of the Schlage Lock master plan, saying the loss of redevelopment tax-increment financing requires revisiting commitments and exploring new financing tools and a phased development approach.
Claudia Flores, Planning Department staff, told commissioners the city is working with the Office of Economic and…
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