The City Council approved the Delano Catalyst CID on December 12, 2017 to facilitate the development of vacant land north of Douglas, between the Advanced Learning Library and the River Vista Project. This will include a mixed use development, high density, architecture that fits the neigborhood and incorporation of green space with a multi-modal bike/pedestrian path. Construction will consist of a 180 unit apartment and 3 star hotel with at least 80 rooms. 2% CID fo up to 22 years, up to maximum reinbursment of $3,000,000
Location: North of Douglas, between the Advanced Learning Library and the River Vista Project
Use: The development of vacant land north of Douglas, south of the Advanced Learning Library.
Term: 22 years
Active Date of Tax: October - 2020
Expiration: October - 2042
Maximum Reimbursement: $3,000,000