A deal that could incentivize redevelopment for the historic Rossonian building may help a long-running effort to reopen the hotel.
On Tuesday, a Denver City Council committee gave the first stamp of approval to a plan to create tax-increment financing for the Rossonian development.
Tax-increment financing, or TIF, is a common tool used by the Denver Urban Renewal Authority (DURA) to sweeten the redevelopment of blighted properties across the city…