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RDA board and council approve Lakeview Parkway community reinvestment plan to incentivize commercial development
Summary
Provo’s RDA Governing Board and municipal council approved a Lakeview Parkway community reinvestment project‑area plan to enable post‑performance tax incentives aimed at spurring hotel, retail and sports‑park–supporting development; any incentives would require later, project‑specific approval.
The Provo Redevelopment Agency Governing Board and the municipal council on Feb. 10 approved the Lakeview Parkway community reinvestment project-area plan, a tool staff said will enable project-specific incentives—most likely post-performance tax incentives—to encourage commercial development near the Epic Sports…
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