[CPEO-BIF] Holland, Michigan rethinks incentives

[Lenny Siegel <lennysiegel@gmail.com>]

Reconsidering the perks

City concerned brownfield policy may encourage too many applicants for 
special incentives

BY JEREMY GONSIOR
Holland Sentinel (MI)
February 9, 2008

The last thing Holland wants to do is encourage some development that 
hurts other development, according to city officials.

However, they are worried that could happen with their current 
brownfield property policy.

The city offers tax breaks and pays the interest for developers who take 
old, obsolete properties and make them into something viable and vibrant.

Those incentives helped kickstart brownfield projects, including Plaza 
East in downtown, Purple House Productions on Columbia Avenue and Baker 
Lofts on Columbia Avenue.

Yet the city's brownfield redevelopment authority is concerned too many 
developers will apply for the perks of the brownfield designation when 
the economy rebounds. That could hurt normal developments trying to get 
going, they said.

...

For the entire article, see
http://www.hollandsentinel.com/stories/020908/local_20080209001.shtml

-- 


Lenny Siegel
Executive Director, Center for Public Environmental Oversight
a project of the Pacific Studies Center
278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918
<lsiegel@cpeo.org>
http://www.cpeo.org



_______________________________________________
Brownfields mailing list
Brownfields@lists.cpeo.org
http://lists.cpeo.org/listinfo.cgi/brownfields-cpeo.org