June 11, 2014

TIF Commission endorses incentives for Power & Light Building apartment plan

The city agency unanimously endorsed $6.2 million in tax increment financing assistance. The $62 million residential conversion project calls for renovating the 83-year-old art deco skyscraper at 14th Street and Baltimore Avenue and building a 475-space parking garage wrapped with additional apartments, creating a total of 270 units.

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