The Iowa City City Council on Tuesday authorized an amendment to a redevelopment agreement in the Towncrest Urban Renewal Area by a 7-0 vote.
The developer, MDK Development LLC, entered a redevelopment agreement with the city on June 22, 2012, and the original improvement entailed a private redevelopment of one building of 14,850 square feet.
The revised plan includes a time extension for the developer as well as a change in the redevelopment plan, which now includes improvements that consist of two buildings with a total of approximately 14,500 square feet.
There was no change with the amount of financial assistance awarded by the city to the project.