LCDC, City OK With Gated Project

The Lake City Development Corp. gave developers of a new 39-lot, gated subdivision the approval they needed to proceed with the project near the northeast corner of Atlas Road and Seltice Way. “This is a classic urban renewal effort,” said LCDC Commissioner Brad Jordan. “The piece of land where the subdivision is going in has always been under-utilized for as long as I can remember.” Active West Development of Coeur d’Alene asked the LCDC to consider reimbursing the cost of extending 2,800 feet of sewer line along the north side of Seltice Way. Combined with the demolition of the existing building on its land and some curbing infrastructure, the company was seeking $371,000/ Jeff Selle , Coeur d’Alene Press. More here.

Question: Is this a good project for LCDC to be involved in?