Sale of Bryant Commons CRA Property
Summary
The CRA could sell its land at 9th Avenue East and 3rd Street East for $511,000 to a developer planning affordable townhouses or walk-up apartments — potentially near $5-10 million in private investment. But the appraisal came back at $850,000 including two rental houses the appraiser was told to exclude, and the board wants that fixed before any deal.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Last discussed Aug 12, 2026.
Impact analysis
Potential $511,000 sale plus an estimated $5-10 million in follow-on private investment.
The neighborhood gains affordable housing on a vacant-but-city-owned site, and the CRA gains tax increment from new development.
Mentions & discussions (1)
Related development
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