Vinton Silos Redevelopment Incentive

At a glance

  • What: ORD. 44827 approved a TIF Redevelopment Agreement with L1 VS, LLC for the Vinton Silos project at 3417 Vinton Street: demolition of a decommissioned grain elevator and most adjacent silos, with the remaining silos and foundations serving as the base for four apartment buildings with 233 market-rate units. TIF of up to $10,461,365, including capitalized interest.
  • Where it stands: Passed September 29, 2026 on the consent ordinances, 7-0 (moved by Harding, seconded by Goodwin). Second reading and hearing had been September 22.

Sources

Log

2026-09-29 - City Council

Third reading; approved 7-0 on consent.