Near Southside Tax Increment Reinvestment Zone board members unanimously approved a resolution to begin the process of establishing a creative business incubator in the district.
The TIF will fund a development study that will outline strategies, partnerships, development concepts and implementation steps for the incubator.
Artspace, a Minnesota-based nonprofit arts organization, will be hired to conduct the assessment, which will cost about $37,000. The final report is expected to be complete by summer 2020.
Near Southside Inc. would then work in partnership with Artspace and other local partners to build and operate a creative business incubator with affordable spaces for artists to live and work.
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Housing Neighborhood Services Committee: 2 p.m. June 2, 2020; Virtual.
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City Council Work Session: 3 p.m. June 2, 2020; City Council Conference Room 290, 2nd Floor, City Hall, 200 Texas St.
Canceled Financial Empowerment Workshop Series: 6 p.m. June 2, 2020; Northside Community Center, 1100 N.W. 18th St.
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City Council Meeting: 7 p.m. June 2, 2020; City Council Chambers, 2nd Floor, City Hall, 200 Texas St.