A final piece of the Mosaic: Arena incentives approved (plus, see new renderings)

The Planned Industrial Expansion Authority on Thursday approved one of the final pieces of the mosaic for the redevelopment of Kemper Arena as Mosaic Arena: public incentives.

By a 10-3 vote, the board approved an incentive package that includes a 10-year, 100 percent property tax abatement, followed by two years of 50 percent abatement. The abatements will cover the entire value of the arena and the improvements that will be made to it by developer Foutch Brothers LLC, which plans to convert the…

[Read More …]

Search All New Homes For Sale

Source: Homes and Lifestyle