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Mansfield
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Smith & Elm Mixed-Use Redevelopment Agreement

Mansfield

Summary

The board considered a $50 million mixed-use project at Smith and Elm streets in Historic Downtown Mansfield, bringing 253 apartments, retail spaces, and civic areas. The city plans to offer a performance-based tax increment reimbursement grant capped at $5.5 million over 15 years.

At a glance

Total mentions
1
Last 30 days
0

Last discussed Jul 13, 2026.

Impact analysis

💰Financial impact

The agreement involves a city property sale for $1,500,000 and up to $5,500,000 in performance-based tax increment grants over 15 years.

✅Who benefits

Downtown visitors, future residents, local business owners, and the city tax base.

Mentions & discussions (1)

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