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Local redevelopment agency debates prioritizing rehab over new construction after $6M West Side investment
Summary
Agency members reviewed recent West Side investment figures and debated whether to focus future incentives on rehabilitating existing structures rather than new construction, citing lower costs, faster impact and more local contractors; the issue was referred to a property-evaluation committee to craft guardrails.
The Charleston Landry Youth Agency discussed whether to shift incentive dollars from new construction toward rehabilitation of existing homes and buildings, after staff presented compiled investment figures showing roughly $4 million in nonprofit and government investment on the West Side and more than $6 million when private-sector new-home construction is included. Vice Chair said, "We're killing it on the West Side," summarizing the report of partners and households served.
Members at the meeting cited the benefits of rehabilitation over ground-up building. One committee member argued rehab is more cost effective and opens the pool of potential contractors: "There's a lot more contractors who can handle that…
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