David Jenkins, founder and chairman of NorâWood Development Group â the regionâs most prolific development company â has proposed creating the GSF Business Improvement District covering 23 acres where the old
Gazette building is located at 30 S. Prospect St. The BID, just east of downtown, also will include the neighboring long-closed St. Francis Hospital, city planners said in agenda materials for the March 8 City Council work session. Norâwood owns the property at issue.
The BID and two associated metro districts would issue up to $100 million to fund public improvements, including utilities, two parking garages, drainage improvements, parks, streetscapes, landscaping and public art.