Another Harsh Lesson about TIFs for Retail
In the late 1990s and early 2000s, tax increment financing (TIF) became an oft-used financing scheme for local governments to use on development projects they
In the late 1990s and early 2000s, tax increment financing (TIF) became an oft-used financing scheme for local governments to use on development projects they
Late in the summer, the Mayor of Pittsburgh announced that he wanted to establish the largest ever Tax Increment Financing district (TIF) in the City
For more than a decade developers have been attempting to develop a prime piece of real estate on the corner of Bower Hill Road and
Recent announcements from the URA and the RIDC indicate that progress is being made on the long and winding road toward a redevelopment of the LTV Hazelwood site that was idled in the late 1990s just before LTV filed for bankruptcy. The 178 acre site was purchased by a consortium of foundations calling itself Almono for nearly $10 million in 2002 after a squabble with the Mayor who wanted to use eminent domain to acquire the site. The Mayor relented after the foundations agreed to hire a private developer.
“The Department of Commerce, in cooperation with other State agencies and local governments, shall make a comprehensive report to the Governor and the General Assembly
Mt. Lebanon’s controversial condominium project known as Washington Park, to be built on property formerly owned by the municipality’s Parking Authority, has officially fallen through.
We’ve said it before, we’ll say it again: subsidies beget subsidies. Instead of doing what proponents of publicly-funded development believe will happen-that a publicly-funded anchor
The City’s Planning Commission has declared a section of land (176 acres altogether) next to the Summerset Park home development blighted. Doing so allows for
On the heels of yesterday’s editorial on the resurgence of activity for tax increment financing, Allegheny County Council is scheduled to debate the merits of
Call it "the week that was" in news items related to projects on the drawing board, soon to get off of the ground, or those