Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
RDA approves phased redevelopment deal with 360 Real Estate Solutions for downtown parcels
Summary
The RDA approved a phased development agreement with 360 Real Estate Solutions for a multi‑phase downtown redevelopment totaling 168 units across three phases, including an 80‑unit rental first phase and requests for a TIF incentive; members discussed contamination remediation costs and phased financing to improve project feasibility.
The Redevelopment Authority approved a multi‑phase development agreement with 360 Real Estate Solutions to redevelop multiple downtown parcels into a combination of rental apartments, market‑rate units and townhomes.
Staff described three phases: phase one would include an approximately 80‑unit rental building (estimated property value about $8 million) to be completed no later than December 2028; phase two would add a 60‑unit market‑rate building with about…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
