New commercial development planned in proposed Raleigh TIF district
The new development will be known as the Marketplace at Raleigh. Marketplace Development LLC has letters of intent from two national restaurants to locate in the development.
There are 35 article(s) tagged tax increment financing:
The new development will be known as the Marketplace at Raleigh. Marketplace Development LLC has letters of intent from two national restaurants to locate in the development.
The Raleigh TIF is the first proposed TIF in the neighborhood and is centered around the Raleigh Springs Town Center development along Austin Peay Highway.
A portion of the property tax revenue in the TIF district would go toward funding streets, sidewalks and other infrastructure needs in Raleigh.
The Shelby County Commission has approved on third and final reading an ordinance to grow the Uptown TIF district to include more communities in North Memphis.
An ordinance to expand the Uptown TIF district was approved on third reading Wednesday by a Shelby County Commission committee. Final approval of the TIF district increase would make residents in the expanded area eligible for improvement grants.
Extra to our Special Report: Unlike Memphis, some cities dig deep into the backgrounds of developers seeking public incentives.
A Raleigh tax increment financing – or TIF – district with Austin Peay Highway as a corridor for mixed use development could be in place by the end of the year.
The city and Graceland appear to have an agreement that allows the Graceland master plan to move ahead in some form beyond litigation over an arena that has been a part of the plan.
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