Summary
The long-delayed Arndt/Bridge Street redevelopment now faces firm dates: foundations by June 1, 2026, vertical construction by September 30, and the developer pays a tax gap if the project misses completion — or the city can repurchase.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Last discussed Mar 10, 2026.
Impact analysis
If the project slips, the developer would owe roughly $280,000 a year to cover the TIF tax gap.
Downtown residents and taxpayers who want the long-stalled riverfront block finally built.
The developer, who takes on firm construction deadlines and potential tax-gap payments.
Mentions & discussions (2)
Redevelopment Authority - Mar 10, 2026
The long-delayed Arndt/Bridge Street redevelopment now faces firm dates: foundations by June 1, 2026, vertical construction by September 30, and the developer pays a tax gap if the project misses completion — or the city can repurchase.
Redevelopment Authority - Feb 24, 2026
The Merge apartment project downtown still hasn't started, and the city is running out of patience — and losing tax increment. The authority wants hard dates, proof of financing, and a promise to pay the city if the project misses December 31, 2027.
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