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Exact(6)
Indeed, its master plan calls for five separate redevelopment zones.
Cities with large redevelopment zones see an ever-increasing portion of property tax revenue flowing to the redevelopment agencies.
The city established five redevelopment zones in the crumbling downtown area and negotiated for streamlined approval with state regulators.
He said it was the type of economic activity that the city expected to ripple out from the redevelopment zones.
Buyers are reluctant to purchase properties located in redevelopment zones because of the potential for economic loss.
That in turn creates an incentive for cities to be expansive in their definition of blight and to extend the life of redevelopment zones that are supposed to disappear once their bonds are paid off.
Similar(54)
We've been in the "redevelopment zone" for 10 years!
City officials emphasize that the redevelopment zone was carefully drawn to protect major manufacturing areas.
Officials plan to add lower Broadway as a sixth redevelopment zone later this month.
Seaview Towers, two brick buildings constructed in 1955, stand just south of the oceanfront redevelopment zone.
"It's a great project for the western end of the 42nd Street redevelopment zone".
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