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Jordan Valley Park TIF

Section 1: Description of the Plan and Project
Springfield
Jordan Valley Park TIF
1/1/2014 to 12/1/2014
Matt D. Schaefer
City of Springfield, Missouri
417-864-1035
John Q. Hammons revocable trust
Gregg Groves
417-873-3586
10/1/2000
23917
11/01/2001
24114
132nd
30th
Springfield R-12
The Area consists of approximately 30 blocks located in Springfield's central business district, which are generally bounded by the BNSF Railroad to the north, the south property lines of properties along the south side of East Walnut Street to the south, National Avenue to the east, and Jefferson Avenue to the west.
The Plan will revitalize the Area and positively impact all of central Springfield through the development of public improvements and concurrent private development. Projects within the area include a municipally-owned recreational ice facility, exposition hall, a public park, privately owned minor league baseball stadium, parking deck, and a business class hotel.
Fully-Operational
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
Aspen Springfield 307 S National Ave 417-840-3509 New Business
Clearview Insurance and Financial Services 901 E St Louis St Ste 404 417-866-5151 New Business
Culture Flock Clothing 601 N National Ave New Business
CVS Pharmacy 1155 E St Louis St 417-831-0380 New Business
Price Cutter 1260 E St Louis St 417-895-3107 New Business
Storage Climate Controlled 1240 E Trafficway St 417-869-3333 New Business
Twisted Hair Shop 601 N National Ave 417-893-1576 New Business
Viva Concierge, LLC 350 S John Q Hammons Pkwy 417-414-4269 New Business
Zumba Fitness with Carey Kelley 736 E Walnut St 417-316-3562 New Business
335
387
10
293
Section 2: Tax Increment Financing Revenues
$1,540,026.41
$5,273.83
$341,491.45
$1,077.17
$6,351.00
$1,875,166.86
$281,908.24
$0.00
$0.00
$0.00
$0.00
$2,600,000.00
$0.00
$18,500,000.00
$0.00
$0.00
$21,100,000.00
$150,545,000.00
Loan
23
23
$7,901,230.00
$4,159,630.00
$12,928,648.00
$1,757,951.00
$188,946.38
$313,516.00
$580,496.00
50%
23
100%
23