TIF approved for Burlington Park project
Up next
Author
Tags
Share this @internewscast.com
FacebookXRedditPinterest

The Washington County Commission in Jonesborough, Tenn. (WJHL) has given the green light to a tax increment financing (TIF) strategy for the redevelopment of Burlington Park.

The project would involve retail space, multi-family housing, parking, and a community park.

The Johnson City Industrial Development Board approved an economic development plan in May.

County Mayor Joe Grandy says the project will help address the area’s housing shortage.

“This is a significant and crucial project for the southern part of Johnson City,” Grandy stated. “The TIF is a tool to encourage developers by making their financial plans feasible. This development will occur across six phases over several years, offering residential spaces alongside local retail options.”

Grandy said the project is expected to take six to seven years.

Share this @internewscast.com
FacebookXRedditPinterest
You May Also Like
Butt-dial leads to arrest in Texas murder

Pocket Dial Results in Arrest in Texas Murder Case

Internet Explorer 11 is not supported. For the best experience, please visit…
US border shutdown forces other countries to deal with migrants

Closure of US Border Shifts Migrant Responsibilities to Other Nations

EL PASO, Texas (Border Report) – As the United States increasingly fortifies…
Officials deny boat in Gaza flotilla was struck by drone in Tunisian waters

Authorities Refute Claims of Drone Attack on Boat in Gaza Flotilla Near Tunisia

Tunisia refuted claims on Tuesday that a boat from a flotilla heading…
Cracker Barrel ditching another part of its rebrand: 'Does not reflect what you love'

Cracker Barrel Drops Rebrand Element: ‘Not What You Love’

(NEXSTAR) — Cracker Barrel had planned a makeover to make its “Old…
Officials break ground on upgrades to Orlando’s Albert Park; set to reopen end of year

Orlando’s Albert Park Renovation Begins; Reopening Slated for Year-End Completion

ORLANDO, Fla. – This Wednesday, city officials in Orlando conducted a ceremonial…
SCOTUS agrees to weigh legality of Trump’s tariffs

The Supreme Court to Consider the Legal Validity of Trump’s Tariffs

Internet Explorer 11 is no longer supported. For the best experience, please…
StormTeam 3: More sun, Breezy northeast wind continues

StormTeam 3: Sunny Skies and Continued Breezy Northeast Winds

SAVANNAH, Ga. () – Good morning, StormTeam 3 Meteorologist Alysa Carsley here –…
Trump suggests 'a little fight with the wife' shouldn't count in DC crime stats

Trump Downplays Domestic Disputes in DC’s Crime Statistics

(The Hill) – President Trump on Monday implied that minor domestic disputes…
Two arrested, one hurt in road rage crashes in Springfield

Springfield man detained on charges of animal abuse and aggravated assault

SPRINGFIELD, Ill. (WCIA) — A situation initially reported as an animal abuse…
More storms to soak Central Florida. Is there any relief in sight?

Will the Storms Continuing to Drench Central Florida Ever Let Up?

ORLANDO, Fla. – After days of relentless rain, many neighborhoods across Central…

Clear Skies Overnight with Chilly Temperatures, Followed by Sunny and Mild Tuesday

The Storm Team 11 Forecast predicts clear skies tonight, with temperatures dropping…
US and European officials meet to discuss new sanctions on Russia

US and European Leaders Convene to Talk About Imposing Fresh Sanctions on Russia

WASHINGTON (AP) — U.S. and European officials convened at the U.S. Treasury…