An Allegheny County Council committee gave preliminary approval today to $5.8 million in tax-increment financing to pay for development projects near the Pittsburgh International Airport in Findlay.
The full council likely will consider the plan in March, pending a public hearing that will be scheduled for late February.
The Westport Tax Increment Financing District, covering about 900 acres at the Westport Woods interchange of Route 576, already has the support of the Redevelopment Authority of Allegheny County, Findlay and West Allegheny School District.
The TIF plan supports two separate projects, according to a report prepared by the Redevelopment Authority.
The Westport Woods project, a development by Imperial Land Corp., will involve public infrastructure improvements. The other project, a development by Pittsburgh DC, also will make public infrastructure improvements to prepare the land for future development.
Future uses planned for the district include research and development, light industry, warehouse and commercial, including retail, lodging and restaurants, according to the Redevelopment Authority report.
The parcels previously were located within the Potato Garden Run TIF District, which was created in 2007 and includes the Findlay Industrial Park, developed by the Imperial Land Corp.
Kaitlynn Riely: firstname.lastname@example.org or 412-263-1707.