Mixed-use project includes retail, apartments, office space and possibly a hotel.
According to the development agreement, the first of three phases of construction will begin by Jan. 1, 2025 and be completed by July 1, 2026. The three phases add up to the $145 million capital investment.
After that, the city will owe $1 million annually on each of the first eight anniversaries of first phase completion. The city, as it typically does with development projects, will cover basic infrastructure improvements.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
LeBron James, Anthony Davis and other stars ready to commit to Olympics, report saysLakers' LeBron James has recruited Stephen Curry, Kevin Durant, Anthony Davis and other NBA stars to play for the U.S. in the 2024 Paris Olympics, according to a report.
Consulte Mais informação »
Serbia target Davis Cup progress with Djokovic boostNovak Djokovic could return to action in the Davis Cup later this week after capturing his 24th Grand Slam title at the U.S. Open and Serbia team mate Miomir Kecmanovic said on Monday the 36-year-old can give them a huge advantage.
Consulte Mais informação »
Serbia and France off to winning starts in Davis CupSerbia made a victorious start to their Davis Cup Finals group stage campaign by beating South Korea on Tuesday before 24-time Grand Slam champion Novak Djokovic arrives for tougher tests ahead.
Consulte Mais informação »
Ole Miss' Caden Davis reminds us why the sport is still called FOOTballWe are only two games into a marathon season, but already we have received a prime example of why the game is called FOOTball.
Consulte Mais informação »