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Failure Notification Overlay

Commercial Street TIF

Section 1: Description of the Plan and Project
Springfield
Commercial Street TIF
1/1/2013 to 12/1/2013
Matt D. Schaefer
City of Springfield, Missouri
417-864-1094
Juliet Mee
Juliet Mee
417-863-7682
4/1/2008
25373
132
30
Springfield R-12
The Commercial Street Redevelopment Area is located in the city center of Springfield, approximately one mile north of Park Central Square. The area comprises approximately 10 blocks and includes the entire Commercial Street Historic District. The Area is generally bounded by the BNSF railroad to the north, Pacific and Blaine Streets to the south, Douglas Avenue to the west, and Clay Avenue to the east.
The Commercial Street Redevelopment Plan consists of a private Redevelopment Project professional massage school, day spa, and laundry and Public Improvement Projects undertaken by the City of Springfield. Almost 20 public projects are proposed comprised primarily of public infrastructure improvements with a few programs, such as a rehabilitation loan/grant program, included
Starting-Up
Blight
Project had unusual/extraordinary costs that made the project financially unfeasible in the market place. Project required significant public infrastructure investment to remedy existing inadequate conditions. Project required significant public infrastructure investment to construct adequate capacity to support the project.
0
0
0
Name Address Phone Number New or Relocated? Rel. from What City/County
Aesthetics Home 428 W Commercial St 417-299-3536 New Business
Bald Brothers Barbeque, LLC 326 E Commercial St 417-761-3969 New Business
Big Red Juice Truck 210 W Commercial St 417-522-3254 New Business
Burch Insurance 305 W Commercial St 417-877-8338 Springfield
Café Cusco 234 E Commercial St 417-868-8088 New Business
Crinklelove 326 E Commercial St 417-310-6802 New Business
Hakaar's Bazaar 217 W Commercial St 417-771-8420 New Business
Johnny Garcia's 338 E Commercial St 417-873-3490 New Business
Mystikal Elementz & Treazures 219 E Commercial St 417-689-1200 New Business
nForm Architecture 312 W Commercial St 417-873-2255 Springfield
Pin Up Salon 219 E Commercial St 417-865-3089 New Business
Prixel Creative 311 W Commercial St 417-501-1414 New Business
Red Velvet Art, LLC 211 E Commercial St 417-631-8992 Reopened Business
Sassy's Goodies 330 E Commercial St 417-597-3943 New Business
Scotty's Biscotti, Etc 326 E Commercial St 417-830-0426 New Business
Staffing Plus 314 W Commercial St 417-849-6253 New Business
The Vecino Group 305 W Commercial St 417-862-8324 New Business
Vantage Lawn Care 504 W Commercial St 417-773-1013 New Business
Vintage Suitcase and Tearoom 211 E Commercial St 417-866-7000 New Business
VSE Tenis 400 W Commercial St 417-861-6325 New Business
White River Brewing Company 505 W Commercial St 417-869-1366 New Business
White River Brewing Company 505 W Commercial St 417-869-1366 New Business
0
27
0
0
Section 2: Tax Increment Financing Revenues
$237,715.03
$237,715.03
$13,510.54
$13,510.54
$251,225.57
$0.00
$0.00
$0.00
$0.00
$0.00
$0.00
$4,216,000.00
$750,000.00
$240,000.00
$250,000.00
$0.00
$5,456,000.00
$5,456,000.00
Pay-as-you-go
23
23
$3,710,120.00
$2,118,850.00
$11,346,000.00
$328,227.00
$172,962.00
$0.00
$422,604.00
50%
23
100%
23