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Pocatello Development Authority outlines progress on five TIF districts and rail overpass design
Summary
PDA Executive Director Brent McLain told the council about improvements and planning across five tax-increment districts — including a 30% design for a rail overpass at the North Portsmouth (Hoku) site and nearly $1 million in expected increment at Northgate — and explained how tax increment financing channels growth above a baseline to local redevelopment.
Brent McLain, executive director of the Pocatello Development Authority, briefed the council on PDA activity across five tax increment financing (TIF) districts and described near-term projects and constraints.
McLain said the Naval Ordnance Plant district (NOP) has seen facade upgrades and a recent plat/right-of-way submittal; the North Portsmouth district (the former Hoku site) is undergoing cleanup and a 30% design of a proposed rail overpass to connect the site to Highway 30 and…
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