Springfield Plaza TIF First Amendment

At a glance

  • What: Resolution 2026-01 recommending the First Amendment to the Springfield Plaza TIF Redevelopment Plan, allowing multi-family residential use in Redevelopment Project Area 2 and extending TIF duration in Areas 1 and 2.
  • Where it stands: Public hearing and vote on the resolution listed on the 2026-09-22 agenda. The outcome is not known.
  • Next: Check the commission's minutes and any council action on the amendment.

Details

  • Only the agenda was read.

Sources

Log

2026-09-22 - Springfield Tax Increment Financing Advisory Commission

  • Public hearing and vote on Resolution 2026-01 listed.

2026-10-26 - City Council

  • Video: CB 2026-220, the first amendment to the Springfield Plaza TIF redevelopment plan, passed with Council Member Lee recused.

2026-10-12 - City Council

  • Video: CB 2026-220 hearing closed with Council Member Lee recused. Staff said total plan development cost is about $78.5 million, adding about 420 multifamily units and 325,000 square feet of commercial and retail space, and extending the TIF from 18 to 23 years; the TIF Commission recommended approval 10-0. Vote set for the next meeting.