Big news for Lincoln Square! The city just approved incentives to kickstart its redevelopment. Get ready for some major changes in that part of town.
At a glance
Declining — being discussed less frequently. 0 mentions in the last 30 days, 4 the 60 before.
Potential for tax abatements, grants, or other financial incentives impacting city revenue.
Businesses receiving incentives, and potentially the community through job creation and economic growth.
Taxpayers if incentives do not yield expected economic returns.
The council will discuss the purchase and value of real property within Tax Increment Reinvestment Zone Number Five, which could impact future development and city revenue.
The council revisited discussions from an executive session regarding incentives offered to attract new businesses to Arlington.
Arlington EDC Approves Incentives for Lincoln Square Redevelopment City of Arlington (.gov)
The council discussed offers of incentives to business prospects, a key part of attracting and retaining businesses in Arlington. This can lead to job creation and economic growth.
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