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Staff outlines plan to market small-area vacant lots to developers; monthly confidential briefings planned
Summary
EDC staff said the board will prioritize incentives for undeveloped lots in the small-area plan, work with Catalyst Commercial to market those parcels to developers and receive monthly executive-session reports; staff emphasized that executive-session discussions will be confidential.
Staff member briefed the Economic Development Corporation on a plan to focus incentive efforts on undeveloped land within the town’s small-area plan and to use an outside consultant to market those lots to prospective developers.
The staff member said the council’s direction from a January retreat is to make the small-area-plan vacant parcels the board’s “primary focus” for incentives and explained the EDC is working with Catalyst Commercial on outreach and advisory services. "They are doing some advisory services for us, and what they will be doing is, promoting our small area, our vacant lots to developers," the…
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