News & Analysis as of

Public Projects Redevelopment

Jones Day

Elephant and Castle Town Centre Redevelopment: Compulsory Purchase Order Confirmed

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On 7 January 2025, an Inspector confirmed the London Borough of Southwark (Elephant and Castle Town Centre) Compulsory Purchase Order (No.2) 2023 (the "CPO")....more

Bilzin Sumberg

Delivering the Key to the City: Special Considerations in City Hall P3s

Bilzin Sumberg on

A number of municipalities have recently issued, or are contemplating, competitive solicitations for public-private partnerships (“P3s”) to deliver new municipal facilities, typically as part of a transformative “town center”...more

Holland & Knight LLP

House Releases FY 2024 Community Project Funding Guidance

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House Appropriations Committee Chairwoman Kay Granger (R-Texas) on Feb. 28, 2023, released the fiscal year (FY) 2024 guidance for Community Project Funding (CPF), also known as earmarks. Community project funding allows House...more

Bilzin Sumberg

Mayor Levine Cava Highlights Miami-Dade County Priorities at South Florida Redevelopment Conference

Bilzin Sumberg on

At the keynote session of Bilzin Sumberg’s South Florida Redevelopment Conference, newly elected Miami-Dade Mayor, Daniella Levine Cava, shared her vision for the County in the coming years. ...more

Bricker Graydon LLP

Calling all economic developers: Large TIFs may be eligible for a one-time extension opportunity

Bricker Graydon LLP on

In the fall of 2019, the Ohio General Assembly significantly changed state law governing tax increment financing (TIF) exemptions. For certain TIF projects, local communities can extend the exemptions – and, therefore,...more

Best Best & Krieger LLP

AB 2035: New Tax Increment Financing For Shelters And Affordable Housing - California Lawmakers Continue To Address Housing Crisis

Local affordable housing authorities in California will see their oversight enhanced with the passage of AB 2035, signed Friday by Gov. Jerry Brown....more

Pullman & Comley, LLC

Groundbreaking News - Fall 2018

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Welcome to Pullman & Comley's Real Estate Newsletter, Groundbreaking News. Written by our team of attorneys, you'll find articles that highlight hot topics and developments spaning the fields of real estate, land use and...more

Schwabe, Williamson & Wyatt PC

Seattle Waterfront’s Local Improvement District: An Introduction

The Seattle Waterfront Project is a step closer in its plans for redevelopment, or at least a step closer in estimating a piece of its funding. Earlier this month, the City of Seattle received a feasibility study revealing...more

Bowditch & Dewey

MassDevelopment’s “Commonwealth Places” Program Contributes to Successful Project in Downtown Ashland

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Last month, a new public space named “The Corner Spot” opened in downtown Ashland, Massachusetts, to considerable fanfare. Lauded as a “downtown destination“, the Corner Spot is essentially a community gathering space that...more

Farrell Fritz, P.C.

Redevelopment of Route 110 in East Farmingdale

Farrell Fritz, P.C. on

The Town of Babylon’s plan to revitalize the Route 110 corridor in East Farmingdale, NY keeps moving forward. The Town began targeting this area for transformation in 2005. It now looks like the Town may be closer than ever...more

Brownstein Hyatt Farber Schreck

Urban Renewal Applicability Bill Provides Certainty to Urban Renewal Community; Plus Two Other Urban Renewal Bills

On Friday, March 31, more than a year of ongoing discussions and negotiations among urban renewal stakeholders came to fruition with the introduction by Colorado State Sens. Rachel Zenziger (D – Arvada) and Beth Martinez...more

Brownstein Hyatt Farber Schreck

Tax Increment Financing Implementation Changes Coming Soon

As many of you who are involved in developing projects in urban renewal or downtown development areas know, the principal method for financing such projects is tax increment financing (TIF). Tax increment financing is...more

Sheppard Mullin Richter & Hampton LLP

Governor Signs Off on New Tax-Increment Financing Structure

On September 29, Governor Brown signed legislation that is seen as creating a robust new financing tool which will expand the existing mechanism of Infrastructure Financing Districts (“IFDs”) and replicate some of the...more

Best Best & Krieger LLP

Four bills broaden the appeal of IFDs as a funding mechanism for local infrastructure, environmental mitigation, private...

Four bills affecting infrastructure financing districts, a funding mechanism for infrastructure and development projects that benefit the broader community, were recently signed by Gov. Jerry Brown. IFDs, created in 1990,...more

Nossaman LLP

"Enhanced Infrastructure Financing Districts": New California Infrastructure Financing Law Passes Legislature

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Enhanced Infrastructure Financing Districts will soon become a reality for many cities and counties looking for a mechanism to perform some functions previously done by redevelopment agencies. Senate Bill 628 (SB 628) passed...more

Nossaman LLP

Redevelopment 2.0 -- Infrastructure Financing Districts Approved for Redevelopment Project Areas

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Despite being destroyed and dismantled, redevelopment in California has been born once again, this time reincarnated under the name of "Infrastructure Financing Districts." Last week, Governor Brown signed into law AB 471,...more

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