Members of City Council suggested Tuesday they're inclined to hold off on selecting any redevelopment plans for the former HealthSouth site, in part because of the current real estate pipeline in the surrounding area and continued high interest rates that make new projects difficult for developers.
Tuesday's work session included a presentation on the four development scenarios assembled by the Housing Department and the Economic & Planning Systems consulting firm. Those four options are centered on Council prioritizing the creation of affordable housing on-site and off-site while also incorporating factors such as Capitol View Corridor restrictions and incentives such as the Downtown Density Bonus Program.
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