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Topeka approves RHID and related parking and property deals to advance $50M downtown housing project
Summary
Council approved a package of actions to enable Flaherty & Collins’ downtown project — a 192‑unit, roughly $50 million development named "The Hutch" — including RHID adoption, property purchases, and long‑term parking leases tied to the project financing.
The Topeka governing body on Feb. 3 approved the formation of a reinvestment housing incentive district (RHID) and a set of related agreements to enable a downtown mixed‑use project proposed by Flaherty & Collins.
Deputy City Manager Braxton Copley presented the project as a roughly $50,000,000, four‑story development called "The Hutch," featuring 192 market‑rate units, about 2,500 square feet of commercial space, resident amenities and rooftop observation areas. Staff said the RHID would reimburse up to approximately $5,800,000 of RHID‑eligible costs over a 25‑year pay‑as‑you‑go schedule and that a $1,500,000 city economic development…
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