Landmark Building Development Area (TIF)
Summary
A 20-year TIF will help convert the vacant historic Landmark building downtown into a hotel with $74 million in private investment — filling the gap between the Marriott, Omni and proposed JW Marriott. Critics objected to subsidizing hotels instead of housing.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Last discussed Jul 30, 2026.
Impact analysis
The city assigns a portion of future tax increment back to the project over 20 years rather than collecting it now.
Downtown's hotel corridor gains a redeveloped historic property and construction jobs.
Opponents argue tax dollars pledged to hotel development could instead fund housing needs.
Mentions & discussions (1)
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