Chula Vista
The developers of eastern Chula Vista’s Millenia project want to reduce the amount of non-residential space in the development, which is supposed to be a major revenue-generator for the city.
Scaling back the development’s commercial and hotel space is expected to reduce Millenia’s annual tax revenues by $4.5 million, according to a staff report from Chula Vista.
The City Council is scheduled to vote Tuesday on the proposed changes to Millenia’s development plan.
The current acre development plan includes a maximum of 3.4 million square feet of commercial space and 500 hotel rooms. Building that would generate $2.8 million in annual tax revenues by 2028 and $10 million by 2048.
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A downtown church, a local developer and dozens of concerned residents will have to wait to learn whether a contentious 19-storey tower proposed for a Spadina Crescent parking lot can go ahead.
Knox United Church and Meridian Development Corp. want to subdivide off the church’s adjacent parking lot for the tower, with the church receiving 40 covered parking stalls to supplement its revenues.
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That application was the subject of a public hearing Monday night, a necessity given the church’s heritage designation. But a notice of objection means it is now headed to a provincial board for review.