Cityplace Area Tax Increment Financing (TIF) District
Cityplace Area TIF District is located on the both sides of Central Expressway, between Lemmon Avenue on the west, Haskell Avenue on the south and Peak Street on the north, within walking distance of the Uptown area. The District was created in 1992 to enhance the real estate market and encourage new investment by providing a source of funding for public amenities and infrastructure improvements in the neighborhood.
The District was successfully retired in 2012. Some final construction work will be finished up in 2013. No new TIF funding may be allocated for new projects. The latest Annual Report provides a comprehensive summary of the activities for this successful TIF District over its 20 year term.