CONWAY, S.C. (WBTW) — Conway officials on Monday approved a funding plan setting the stage for a massive downtown revitalization plan that could see nearly $200 million worth of private investment in coming decades.
The city is setting up a tax-increment financing district, allowing it to pay for work using revenues generated by future development within its borders — as much $170.5 million, according to long-term projections.
It’s a tool that helped lead to the evolution of places like Market Common…