Geneva residents could soon see a new development on the east side. The city's Committee of the Whole has recommended a $2M TIF deal for Emerald RE Holding, LLC to build a mixed-use project at 122-130 E. State St (across Crissey Ave. from Dunkin).

Key details:

• The building would be 7K+ square feet with retail space and 14 apartments. The first floor would be a Great Western Flooring Design Center.

• Emerald would invest almost $9M into the project

• It would be the first new construction in TIF 2 and TIF 3 since 2008

• American Rescue Plan Act funds and a sales tax rebate would help fund the development as well

The deal isn't final yet — the City Council still needs to approve it. Some officials see it as a way to connect the east and west sides of town and meet city development goals.

However, there were concerns about the project's rising costs and whether the small apartments truly count as "affordable" housing.

If approved, construction could begin soon, potentially bringing more action to a key area of Geneva. Residents interested in the project's impact on local development and housing options may want to follow the upcoming City Council vote.

Read the full Shaw Local article to learn more.

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