in the zone, baby!

by kateagarwal

as in the TIF zone #105. :-)

the Harper Court development (see map, 53rd and Harper) is within the city’s TIF zone #105, which means mundo bizarro could be eligible for a SBIF grant. we could apply, anyway. no idea if we would get anything, as Harper Court is brand new construction and the grants are for improvements to existing structures, but it’s something to possibly add to the “PLUS” column for Harper Court. so, as we look closer at that whole project, we need to keep the TIF/SBIF thing in mind. if we lease from them, we may have to pay less for building the place out. and free money would be great! :-)

we have a meeting with Chris, the main developer honcho with Vermilion, to talk more about mundo bizarro and possibilities in Harper Court. he liked our business plan, apparently, and he said he may have a space in mind. we’ll see.

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