Infrastructure, jobs, health and safety: Urban renewal districts proving successful in River City – Coeur d’Alene Press

by | Oct 2, 2022 | Jobs

The Post Falls Urban Renewal Agency was created in 1991.

Its stated mission is to foster sound economic and community improvement that enhances the overall quality of life in Post Falls by:

• Providing and improving infrastructure

• Attracting jobs

• Enhancing citizen safety and health

Urban renewal districts are generally created in areas already forecasted to increase in value, according to the Kootenai County website. While active, urban renewal districts receive property taxes only on the amount the property increases in value.

By the end of this year, Post Falls will have officially closed three urban renewal districts, bringing the total of urban renewal districts the Post Falls Urban Renewal Agency has closed to seven.

The Expo District, which encompassed areas south of Seltice Way, west of Pleasant View Road, north of Interstate 90 and east of Beck Road on the west side of town, closed this summer. It had been open since 2001 and reached the maximum 20-year limit for urban renewal plans, according to Idaho statute.

Post Falls Urban Renewal Agency Executive Director Joe Johns said that district was a success.

“We’ve definitely seen growth out there,” he said in an Aug. 5 Press article. “We’ve definitely seen a lot of jobs generated.”

According to an economic impact study, the nearly 237-acre Expo District, through 2015, had created an econo …

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