Tooele is finally turning the long-vacant Broadway Hotel site into new housing. It’s a major step toward cleaning up a local eyesore while helping solve the city's ongoing housing shortage.
At a glance
Declining — being discussed less frequently. 0 mentions in the last 30 days, 2 the 60 before, 1 the 90 before that.
The project could potentially capture 75% of property tax increment in the area to finance infrastructure, though no final agreement is in place.
The National Guard and the city, by gaining necessary water infrastructure for future development.
Residents or businesses in the area if the tax capture reduces funds available for other city services.
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The city is planning how to spend the remaining funds in the Redevelopment Agency account. Since the project area has sunset, these are the final funds available for use.