TIF Financing Closed For State Street P3

Plenary Group USA Ltd. on March 23 closed on $120 million in financing for its State Street Redevelopment DBFM project in West Lafayette, Indiana. The project will be funded using proceeds from tax-increment financing (TIF) districts and involves turning an old city-owned highway that runs through Purdue University’s campus into a destination for students, with widened sidewalks, bike paths, landscaping, public spaces and public art. Completion is set for December 2018, after which a 22-


About Bill Reinhardt

Editor of Public Works Financing newsletter
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