Downtown Publix grocery redevelopment
Summary
The long-pending deal to bring a Publix and 259 apartments to Beaver Street failed on a 3-3 tie, with the city on the hook for up to $21.4 million in REV grants and a $28.25 million completion grant if approved. Downtown supporters say a grocery store is essential to making downtown livable; skeptics question the subsidies.
At a glance
- Total mentions
- 3
- Last 30 days
- 3
Impact analysis
The city's potential commitment totals roughly $49.7 million between the REV grant and completion grant.
Downtown residents, workers and small businesses gain a grocery store and foot traffic if it proceeds.
Taxpayers who object to large downtown development subsidies see the cost side of the deal.
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