Dublin City Council is hoping to use a New Community Authority (NCA) “to encourage development in the Bridge Street District,” ThisWeek Community News reports. The NCA would, if approved and established, “help Crawford Hoying develop the area . . . that lies east of Riverside Drive and north of state Route 161,” according to the article. That area would be called Bridge Park East, and it “is expected to bring offices, apartments, condos, retail space, restaurants, a hotel and more to the area.” The NCA would levy service charges to be used to fund parking structures and “public facilities such as a performing arts center.” Dublin City Council member John Reiner said of the proposed NCA, “[w]ith this the city is not putting city tax money or its financial situation in jeopardy. It’s a very interesting and positive possible scenario for the development of Bridge Street.” Several steps remain in the process to establish the NCA, including a public hearing, approval from the city council, and the appointment of representatives to a board of trustees.
Dublin looks at new economic tool for Bridge Street District development