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Old Posted Aug 31, 2022, 6:06 PM
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Wattleigh Wattleigh is online now
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Join Date: Oct 2007
Location: Houston - Wichita, KS
Posts: 3,102
Quote:
Originally Posted by Wattleigh View Post
Found by user BEES?! on HAIF - the potential of an incentive plan offered by the Downtown Redevelopment Authority to convert underutilized office buildings to residential.



1801 Smith is already undergoing such a conversion without any incentive program.
This may have legs. From user Texasota on HAIF regarding the latest meeting of the Downtown Redevelopment Authority...

Quote:
From the August meeting:

Pursuant to the DRA Board’s recommendation, Staff has distributed a letter of request to property owners inside the boundaries of TIRZ3, seeking participation in a feasibility study to go to an RFP later this summer. The study will evaluate approximately five opportunities for conversion of office space into other uses such as residential. The study is intended to inform the development of a financial tool that can be used to more easily facilitate the conversion of obsolete office space.



Also this sounds pretty interesting:

Staff has submitted a revised strategic annexation & term extension request to the City Planning Department for Mayoral review later in August. This request will come before the DRA Board in the Fall as a proposed Project Plan and Financial Plan, as has been exercised in the past. The limited annexation holds the promise of assisting the DRA in its mandate to address blight remediation and invigorating Downtown public spaces because the proposed annexation involves a significant redevelopment project that would generate significant incremental tax revenue.
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