Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Development Planning topic
No spam. Unsubscribe anytime.
Staff reports: Greenwood closings, TIF amendment and development leads
Summary
Staff told the commission that Greenwood parcel closings are scheduled, that a recently signed state bill extended residential TIF availability from 20 to 25 years, and that several corridor development prospects (North Queen, 61st Avenue, Route 30) remain under discussion; staff also reported CRM implementation and upcoming Lake County Economic Alliance events.
Redevelopment staff updated the Hobart Redevelopment Commission on a set of non-action items during the March 16 meeting, including an upcoming closing of Greenwood parcels, a legislative change to residential TIF terms, and active development conversations along several corridors.
Staff said a closing on previously discussed Greenwood parcels is scheduled for the coming Wednesday and that the commission will take ownership following closing. The board was also briefed on a state bill that, as signed, extends the allowable residential TIF period from 20 to 25 years; staff said that change could provide more flexibility for residential TIF projects and public–private partnership structures but noted there are additional opt-out and implementation provisions departments must review.
Staff summarized several development leads (including interests in the North Queen and 61st Avenue corridors and potential projects in the Route 30 area) and said environmental assessments remain underway for at least one parcel. Staff also noted continuing implementation work for the commission’s CRM (customer relationship management) system, which will track maintenance and TIF activity, and flagged two upcoming events: the Lake County Economic Alliance meeting at Farmhouse Coffee on the 26th and a developer 'pre-vibrant' mixer by invitation on the 8th.
No board action was required on these items; staff will return with additional details as appraisals, title reports and environmental assessments are completed.
