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Committee endorses six‑year tax abatement for Wharf Partners’ Cascade Phase 2
Summary
The Community Investment Committee voted to forward a confirming resolution (Bill 26-12) recommending a six‑year mixed‑use tax abatement for Wharf Partners’ Cascade Phase 2, an estimated $50 million private investment with roughly 22–32 residential units and over 30,000 square feet of commercial space.
The Community Investment Committee voted to forward Bill 26-12, a confirming resolution recommending a six‑year mixed‑use tax abatement for Wharf Partners’ Cascade Phase 2, after a staff presentation of the project and tax‑revenue estimates.
Eric Glavich, director of growth and opportunity, described the Phase 2 proposal as an eight‑story,…
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