Kalispell City Council Reviews Revised Funding Request for Mall Redevelopment
What happened
The firm responsible for the Kalispell Center Mall is seeking public funding to support the property's redevelopment. The developer pulled its original application for $16.9 million and submitted a revised request for approximately $13.9 million in tax increment financing funds. This request was made to the city council in Kalispell.
From dailyinterlake.com
Why it matters
The funding is intended to help finance a lower-cost plan to rebuild the mall’s west wall. The developer plans to transform the center into the Parkline District, featuring a hotel, event space, and various retail stores.
From dailyinterlake.com
Who's involved
- city councilThe legislative body reviewing the funding requests for the mall project.
- KalispellThe location where the mall redevelopment project is taking place.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- city councilSpeculative
The city council might see its budget requirements change based on the outcome of the TIF funding review.
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The entities involved
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city council
legislative body that governs a city, municipality or local government area
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Kalispell
seat of Flathead County, Montana, United States