Legislation Details

File #: 2026-0921    Version: 1 Name:
Type: Ordinance Status: Introduced
File Introduced: 11/10/2026 In control: City Council
On agenda: 11/10/2026 Final action:
Effective date:    
Title: ORD Making Certain Findings & Apv & Auth the CEO of the DIA, or Her Desig, to Execute an Amended & Restated Redev Agrmt (“Agreement”) Among the City, the DIA (“DIA”) & 801 Bay St, LLC (“Developer”) to Support the Construction of a Mixed Use Residential & Retail Dev, Including a 4- or 5-Star Hotel, or Luxury Boutique Hotel Containing Btwn 130 & 170 Rooms, Multi-Family Improvements Which May Be Condominiums or Rental Units (Including Transient Rentals) Containing Btwn 50 & 150 Residential Units, a Sky View Terrace Accessible to the Public Containing a Min of 5,000 Sq Ft, & a Min of 2 Full-Svc Restaurants Containing a Combined Min 7,500 Sq Ft, & to Prove Back-of-House Access to the City-Owned Beer Garden in Riverfront Plaza Phase II, With a Min Capital Investment of Not Less Than $210,000,000 (the “Riverfront Plaza Pad B Project”); Auth a 75%, 20-Yr Recaptured Enhanced Value (Rev) Grant in the Max Amt Not to Exceed $35,397,000 in Connection With the Proj (“Rev Grant”), Payable Thru the Do...
Introducer and/or Co-Sponsor(s): Downtown Investment Authority
Assigned Committees: FINANCE, NCSPHS, RULES
Legislation Documents: 1. 2026-921 Original Bill, 2. 2026-921 Exhibit 1, 3. 2026-921 Exhibit 2
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