The city has committed $25 million to the arts complex, which Thursday secured an extension to meet its contract requirements.
Less than three weeks before a deadline, the Straz Center has secured a two-month extension to fulfill its contractual requirements with the city for its multimillion-dollar expansion.
Tampa’s downtown Community Redevelopment Area committed $25 million in 2021 for the waterfront, art mecca’s $100 million renovation, which includes new event and outdoor spaces and a rooftop terrace overlooking the Riverwalk.
The City Council approved the art center’s extension request 5-2 Thursday midday, acting as the board of Tampa’s eight community redevelopment areas, which are state-designated and retain tax money generated within their boundaries to fund future development to reduce “slum and blight.”
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