Due to a recent, unanimous approval on a proposal from Hillsborough County commissioners, county government will receive more money. The approval also signifies that up to $100 million will be appropriated for high-profile redevelopment projects in downtown Tampa.
The deal is a result of a city-county agreement that gives Tampa’s CRA’s, or community redevelopment areas authority for redevelopment. There are CRA’s in seven parts of Tampa including “downtown, the Channel District, Ybor City and East Tampa” as well as a new, eighth area in West Tampa will be created, according to an article. Although the deal is a go with County commissioners, the City Council has to place their stamp of approval on the proposal. Read more at Tampa Bay Times.