A program to enhance development in the London area is now in place

Millions of dollars in funding to support development in the London area are on the way.

The Corpus Christi City Council on Jan. 13 made its decision final to create a tax increment reinvestment zone, to be in place for 25 years, for swaths of currently undeveloped properties.

Those areas are expected to generate as much as $2.8 billion in new property tax revenue by the time the zone expires, according to city documents…

Story continues

TRENDING NOW

LATEST LOCAL NEWS