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I don’t understand why politicians act like their trying to do what’s best for tax payers when they mismanage money on projects tax payers don’t care about all the time.Indiana politicians always govern way too conservative when it comes to major projects that the public could benefit from, like housing. This is why developers don’t want to come develop large projects here. Forget anyone wanting to build a nice new modern skyscraper downtown.
As long as these projects do not put the taxpayer at risk, and this one does not, they should approve the TIF. This delay will might kill a much needed downtown project that has been approved by the staff of Preservation Commission, The Development Commission as well as both commissions. The is a STUPID delay
It would be nice to see condos. Not rental apartments. We need people investing in downtown. Not just a handful of companies. Rentals are great. Ownership is king
Why is it stated as a $66M project that would only be assessed at $39M? I realize that assessment is not necessarily a direct 1:1 with property value, but that’s an enormous 41% discrepancy.