Greenwood Redevelopment Commission Outlines Additional Projects
Greenwood’s redevelopment board has taken the first steps to make a number of city projects eligible to receive tax dollars.
According to The Daily Journal, the city’s redevelopment board has added a number of downtown projects to its redevelopment list, which makes them eligible for more than $35 million in tax increment financing.
The city’s list of projects includes a reconstructed Madison Avenue in between Smith Valley and County Line roads, a downtown parking garage, retail and residential development replacing the parking lot north of the Greenwood city building, a revitalized Old City Park, a roundabout at the intersection of Smith Valley Road and Madison Avenue, a new road connecting Market Plaza and Surina Way and improvements to the intersection of Main and Meridian Streets, the article said.
The goal of each of the projects is to promote development and bring a higher quality of life to the area.
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This local update courtesy of your Greenwood Community Expert.