Accomplishments

Mission Accomplished

Inner City Tax Increment Reinvestment Zone Number 11

May 15, 2019

Active and Potential Projects Approved by the TIRZ Board for Funding

Project Name Funding Amount Funding Type Termination Date
1130 Broadway $3,196,505.00 Tax Reimbursement * 12/31/2031
Alamo Beer Microbrew $449,000.00 Tax Reimbursement 12/31/2029
Broadway Underpass $1,000,000.00 Direct Reimbursement TBD
Cedar Street Townhomes $515,939.00 Tax Reimbursement * 12/31/2032
Center City Lofts $307,779.00 Tax Reimbursement * 12/31/2033
Chelsea’s Catering $233,907.00 Direct Reimbursement 9/30/2025
Collaborative Homes $518,000.00 Direct Reimbursement 9/30/2017
Echo East Land Procurement $800,000.00 Direct Reimbursement TBD
Elan Riverwalk $3,805,384.00 Tax Reimbursement * 9/30/2031
Essex Modern City TBD Direct Reimbursement TBD
Historic Marker Project TBD Direct Reimbursement TBD
Lotus Project TBD Direct Reimbursement TBD
MLK Garden Homes $300,000.00 Direct Reimbursement TBD
Red Berry TBD Direct Reimbursement TBD
Victoria Commons Multi-Family $1,500,000.00 Direct Reimbursement TBD
St. Philips Student Housing TBD Direct Reimbursement TBD
Sterling Building $385,000.00 Direct Reimbursement TBD
Good Samaritan VOTC $950,000.00 Direct Reimbursement 9/30/2025
VTCC Project $972,000.00 Direct Reimbursement TBD
Wheatly Choice Neighborhood Set Aside $300,000.00 Direct Reimbursement TBD

Note: * Denotes a Center City Housing Incentive Policy Project.