Monday, August 25, 2008

TIF Archipelago

Over at the Nashville Charrette, bzorch wonders about the fallout of Metro Council's approval of the Bellevue Mall TIF :
So the Mall is getting their TIF. I am sure it was reported last week, but it was in the Tennessean article yesterday about TIF financing. The Mall has agreed to build a library for the city in the development. There was no mention of the public space. The TIF is contingent on financing. This may be hard to come by. Especially since many stores are slowing expansion plans. I know there were a few articles written recently that talked about the Council members were beginning to look at their districts for TIF if Bellevue can get it. Is this going to start a trend? Is the entire County going to need to be broken up into TIF districts?

No comments:

Post a Comment