(RECAP: Adding a 330-acre redevelopment initiative to Charlottesville’s Comprehensive Plan could sharpen the idea’s focus, but it also could carry a cost, officials said.
The City Council is scheduled to vote on the move Monday night. Covering what’s known as the Strategic Investment Area, the redevelopment plan could add 1,300 homes, attract $300 million in downtown investment and generate $3 million in tax money, officials said. Councilor Kristin Szakos said the city is committed to one-to-one replacement of public housing stock in the area, but she hopes developers will add low-income housing.)