Council approves Summit Fair property transfer and developer assignment to Block & Company
Council approved two companion ordinances transferring remaining Summit Fair property from RED Development entities to a Block & Company purchasing group and assigning developer responsibilities under the Summit Fair TIF. Block & Company pledged local management continuity and a leasing push to broaden retail and family‑oriented uses.
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The council unanimously approved two companion ordinances on Nov. 3 allowing a transfer of Summit Fair property and the assignment of developer interest under the Summit Fair Tax Increment Financing (TIF) redevelopment agreement.
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