Centerville considers TIF for $2M development
Friday, July 9, 2021
by Robert McCarthy
The City of Centerville is considering a Tax Increment Financing (TIF) district for a potential $2 million mixed-use development on city land, the Dayton Daily News reports. Centerville Development Director Michael Norton-Smith said the city is negotiating with “a first end user” of the 7.5 acres at the corner of Yankee Street and Social Row Road for a project that would involve “a mix of office and commercial uses,” according to the article. Plans “show two buildings — including one labeled as a possible restaurant — for the site,” which can accommodate 75,000 square feet according to city records. The TIF would generate revenue for public improvements. For more, read the full article.
