West Seltice II District
District Summary | Riverbend |
Expo |
City Center | West Seltice II
| East Post Falls |
Center Point
West Seltice
(closed)
View Detailed
West Seltice II URD Map
| District | Year of Creation |
Size (acres) | Base assessed value (Pre-urban renewal/TIF) |
"Increment value"(assessed value generated through urban renewal) | Projected Termination Date |
|---|---|---|---|---|---|
| West Seltice II | 2005 | 248 | $1,612,482 | $7,518,776 | 2015 |
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The West Seltice II District was opened in 2005, to develop public infrastructure to support mixed use housing, commercial and light industrial development on 248 acres adjacent to the Flex/cel manufacturing facility. A mixed-use "urban village" is under consideration, where residents can live, work, play and shop within the same area. The District is scheduled to expire in 2015.
The Post Falls URA is involved in the development of a new commercial, light industrial and mixed-use housing development on the west side of the City of Post Falls. The District was approved in late 2005, and infrastructure, including water, sewer, roadways and sidewalks are currently under construction.
The development will provide a wide range of housing alternatives, ranging from mixed-use housing with retail on the first floor and residential units on the second floor, to workforce rental housing. Commercial development will include office and neighborhood retail. The developer has agreed to donate land for a new City park, which will be constructed, and a new school site. Approximately one third of the District will be developed as light industrial and distribution buildings providing additional jobs for the community.
Private Sector Employers - Number of Employees attracted to the West Seltice II Urban Renewal District
The West Seltice II Urban Renewal District (created to address blight, extend public infrastructure and address traffic improvements): This District was created in late 2005 and has a 10 year life (close in 2015).
Public improvements are under construction and will support the development of a mixed-use housing, commercial and light industrial development which will include two workforce housing developments, a new public park on ground that will be donated to the City by the developer, mixed-use commercial providing the opportunity for retail and office on the ground floor and a living unit on the second floor, a new public school, which is projected to be built next year on a site donated to the School District by the developer, and several sites for the construction of light industrial and warehouse / distribution facilities.
As of this date, no new employers have been identified in this District.