Salt Lake City

City Council

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Tagged ‘Redevelopment’

January 14 Council and RDA Board Meetings

Posted on: January 14th, 2020

At the Council and RDA Meeting: The Board elected Board Member Ana Valdemoros (pictured right) as RDA Vice-Chair for calendar year 2020. Board Member Amy Fowler (pictured left) will continue to serve as the RDA Chair. The RDA Chair serves a two-year term, while the RDA Vice-Chair serves a one-year term.  The Board discussed various priorities and […]

November 12 Council and RDA Board Meeting

Posted on: November 12th, 2019

At the Council and RDA Meeting: the Board heard from almost two dozen individuals about a proposal to redevelop the Utah Theater and adjacent retail property. The Board received clarification about challenges for the property to qualify for tax credits and historic designations. The theater is owned by the RDA, and property on either side of the building […]

October 15 Council Meeting

Posted on: October 15th, 2019

At today’s meeting, the Council: held its first briefing about Budget Amendment No. 2 for Fiscal Year 2019-20. Discussion focused on maintenance of existing art in the City (approximately 270 artworks estimated at over $9 million) and a study to learn more about maintaining that art collection, as well as funding police overtime for additional patrols. […]

October 8 Council and RDA Board Meetings

Posted on: October 8th, 2019

At Tuesday’s Council and RDA Board Meetings: the Board had a follow-up discussion about potential redevelopment of the Utah Theater and adjacent retail property. The Board expressed support to preserve elements of the theater and discussed working with Preservation Utah and other organizations to archive the history of the property. The Board expects to take action in November about development plans. […]

September 24 Council and RDA Board Meeting

Posted on: September 24th, 2019

At Tuesday’s meetings: The Board approved a $3.3 million loan to CW Urban for a new housing development at 378 West 300 South named The Olive. The project would contain 120 condominium units in downtown, ranging in size from studios to two-bedroom units and penthouses. Board Members noted that while the project doesn’t specifically guarantee a level of […]

RDA Board approves NWQ, LLC Tax Increment Agreement

Posted on: August 26th, 2019

In August 2019, the Council, acting in its capacity as the Redevelopment Agency Board (RDA), approved a resolution authorizing a property tax increment reimbursement of up to $28 million to NWQ, LLC over a 20-year term. Tax Reimbursement agreements are a standard part of the Council’s work as the RDA Board, read their Tax Increment […]

RECAP: August 20 Council and RDA Board Meetings

Posted on: August 20th, 2019

At Tuesday’s Meetings. the Board heard from more than 50 individuals during the public comment period regarding a tax increment agreement with NWQ LLC for costs associated with public and site improvements in an area north of the Inland Port. People’s concerns focused on air quality impacts of the proposed development and opposition to Utah […]

RECAP: April 23 Council and RDA Board Meeting

Posted on: April 23rd, 2019

At Tuesday’s meetings: the RDA Board held a public hearing and approved a $37 million budget amendment that funds several major projects. The projects include Station Center, a redevelopment plan to build new streets, mixed-income housing, and commercial spaces for six blocks in the Depot District; a $5.1 million Notice of Funding Availability (NOFA) for […]

RECAP: March 26 Council and RDA Board Meeting

Posted on: March 26th, 2019

The Board discussed and adopted a resolution for the Block 67 North Community Reinvestment Area, which is located just west of the Salt Palace Convention Center. The project area plan is for the north half of block 67 and is the first step to provide incentives to help redevelop the block.

RECAP: February 12 Council and RDA Board Meeting

Posted on: February 12th, 2019

At Tuesday’s meetings: the Council discussed development of the block where the City’s fleet equipment and servicing were previously located (between 300 and 400 West and 800 and 900 South). The Council received an overview of what the Granary community would like to see developed on the site, along with existing site conditions. The Council indicated […]