Redevelopment of Grand Island's Downtown area may be happening sooner than originally planned.
Community Redevelopment Director, Chad Nabity, has proposed a special development plan for downtown. Property owners would be able to submit requests for tax-increment financing without having a long and drawn out process for approval. Nabity says this would take the approval window from 90 days down to only 30.
Ultimately, the decision will be put before the Grand Island City Council.
"They'll have to weigh the benefits and the costs between fast-tracking this and making it a little easier to do versus looking at each and every individual project and giving each project that public scrutiny," said Chad Nabity.
Nabity says the proposal would send a strong message to developers that Grand Island's Downtown is open for redevelopment.
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