Star Residences Tax Phase-In
Summary
A $17 million, 92-unit apartment project on Red Bank Road gets a 7-year tax phase-in, turning vacant land paying ~$12,000 over ten years into an estimated $900,000 in taxes over the same period.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Discussed at 1 meeting in the last 60 days; most recently Sep 14, 2026.
Impact analysis
Estimated $900,000 in property taxes over ten years even with the phase-in.
West side renters, construction workers, and the property tax base.
Mentions & discussions (2)
City Council Meeting - Sep 14, 2026
Council formalized the clawback and enforcement terms behind Uniseal's eight-year tax phase-in for its new warehouse on North Fourth Avenue. A member questioned whether requiring 90% performance on only two of three categories lets the company miss its 61-job promise and still be deemed successful.
County Council Meeting/2027 County Budget Hearings - Sep 2, 2026
A $17 million, 92-unit apartment project on Red Bank Road gets a 7-year tax phase-in, turning vacant land paying ~$12,000 over ten years into an estimated $900,000 in taxes over the same period.
Related development
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