Appleton Common Council District 6 Update for the Week of May 22, 2023 (addendum)
Greetings District 6 Neighbors, As promised (threatened?) I have some more notes on the discussion of the Fox Commons project at the Community and Economic Development Committee meeting Wednesday night. Basically, a development group (Fox Commons Properties, LLC) has proposed to convert City Center Plaza into a mixed-use center (to be called Fox Commons) that would have housing, “supportive services”, healthcare, retail and commercial uses. Although the healthcare tenant was not named in the development agreement, the Post Crescent reports that it is Mosaic Family Health. The development is part of Tax Increment Financing District 11, and the city proposes “pay as you go” support to the developer from the TIF increment. A bit of TIF 101: In a TIF district, or TID, the assessed (taxable) value of the all the properties is calculated at the opening of the TID. Development in the district that increases the assessed value – new buildings, improvements, etc., becomes the increment valu