Newport transit station plans move forward
Plans for a transit-oriented development in Newport have taken a baby step forward.
Posted: 11/27/2012 12:01:00 AM CST
Updated: 11/27/2012 11:15:14 PM CST
Washington County commissioners voted Tuesday, Nov. 27, to approve a proposed development area and to deem parts of the former Knox Lumber site structurally substandard.
The votes were required before the property can be developed and a tax-increment financing, or TIF, district established.
The site, which the county bought in 2010, is an aging industrial area at Interstate 494 and U.S. 61 at the north end of Newport. It has been chosen as the future home of a transit station for the Red Rock Corridor, with complimentary residential and retail development.