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Developer says Link will bring parking, park access and tax revenue to downtown
Summary
Timberwolf and its attorney told council the Link will provide structured parking, bike/EV infrastructure, a public connection to the planned downtown park and significant assessed‑value gains while aligning with the 2040 Downtown Plan.
At the Aug. 12 hearing the applicant team, represented by attorney Todd Ray and developer John Hoover of Timberwolf Capital Partners, framed the Link as a strategic downtown reinvestment that meets goals in the Downtown 2040 plan and addresses a shortage of walkable housing.
Ray told council the project “represents the first large new build project in downtown in over a decade since Urban Exchange” and said the development was designed to fit B‑1 zoning parameters (up to 75 feet) while providing a structured parking garage, EV charging, secure bicycle storage and a municipal parking reservation of up to 65 spaces. He emphasized the project’s circulation improvements, including a proposed Paul Street extension, which staff said could help relieve select failing turning movements on South Main.
The applicant also highlighted fiscal benefits, saying the project would yield noticeably higher assessed value in the downtown core and add recurring tax revenue while generating relatively few school‑aged children compared with single‑family alternatives. Todd Ray said Timberwolf would be willing to participate in a mediated engagement process if council paused action.
