The new bill would extend a 2017 development agreement that partially reimburses Paul McKee for building a three-bed urgent care on the former Pruitt-Igoe site. The development was eligible for $6.4 million in tax incentives for its first phase, another $1.6 million for its second phase and additional tax incentives.
But the developer did not meet the deadlines in the original agreement, meaning incentives must be re-approved.
It remains unclear whether the bill can legally be passed as it’s currently written. The city attempted to sever its development agreement with Paul McKee last year, stating little had been done in the larger 1,500-acre project area. But McKee lender Bank of Washington sued the city, and litigation is still ongoing.