The independent newspaper of the University of Iowa community since 1868

The Daily Iowan

The independent newspaper of the University of Iowa community since 1868

The Daily Iowan

The independent newspaper of the University of Iowa community since 1868

The Daily Iowan

Iowa City City Council authorizes development change

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.

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