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<br />Incentive Policy Example <br /> <br />Mixed Use Project <br />New Urban Builders plans to bring a mixed use project to the downtown La Porte/Sylvan <br />Beach corridor. The plan is to build 105,000 square feet of retail/entertainment, a 100 room <br />hotel, 45,000 square feet of office uses and 175 housing units, of which 75 will be owner- <br />occupied priced between $155,000 and $275,000/unit, with the balance multi-family rental. <br />The City will spend $375,000 in infrastructure extensions. <br /> <br /> <br />Bonus Points for Desired Development Location in <br />Downtown 5 Ivan Beach Corridor <br /> <br />lS <br /> <br />Project Score: 85 (qualifies for up to SO percent tax incentive) <br /> <br />Forward La Porte Economic Development Strategic Plan I 2009-2013 <br />