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So does this mean the property taxes that were expected to be redirected to pay off TIF can be redirected back to the schools, police, fire, and other areas? #YeahIKnow
Profits are privatized and are due to brilliant business executives. Losses are due to factors beyond their control and absorbed by the public.
High level real estate and you can bet it was part of the exit strategy.. the not paying taxes part.
The writer has the location wrong, it is actually 116th street just east of I69 on the south side of 116th. South of 96th St would be Indianapolis.
You’re right, Eric. We’ve corrected that.
Interesting that it doesn’t include HC Tavern but it does include 1933 Lounge.