Can River North really be redeveloped?
This past weekend the Express-News wrote about the possible demise of the River North Tax Increment Reinvestment Zone No. 27, the TIRZ set up to help fund infrastructure improvements within an area that straddles the recently developed Museum Reach of the San Antonio River. The purpose of the TIRZ was to channel any property tax increases resulting from redevelopment in the area back into the area to help improve streets, drainage, and other infrastructure elements. However, the management of the TIRZ and the lack of any redevelopment may have resulted in a situation that questions the effectiveness of it. So does this mean River North may be just a good idea without any chance of redevelopment? Read more…




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