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  1. #1

    Default Re: Wheeler District

    ^

    Not to mention, the entire area is in uncharted territory for new development, which is perhaps the biggest risk of all.

    And, the spirit of TIF is to help kick-start blighted areas. That definition gets bastardized to include almost anything including properties right in the heart of downtown, but Wheeler is the perfect application for TIF.

    If we don't do it here, we shouldn't be doing it anywhere.

  2. #2

    Default Re: Wheeler District

    Quote Originally Posted by Pete View Post
    ^

    Not to mention, the entire area is in uncharted territory for new development, which is perhaps the biggest risk of all.

    And, the spirit of TIF is to help kick-start blighted areas. That definition gets bastardized to include almost anything including properties right in the heart of downtown, but Wheeler is the perfect application for TIF.

    If we don't do it here, we shouldn't be doing it anywhere.
    Exactly this.

    Even though I think the city could restructure what is currently given to, again, incentivize urgency, I think it would be a mistake to not give TIF here.

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