{"id":20818,"date":"2025-01-16T13:26:45","date_gmt":"2025-01-16T18:26:45","guid":{"rendered":"https:\/\/wfsu.org\/local-routes\/?post_type=wfsu-news&#038;p=20818"},"modified":"2025-01-16T15:41:37","modified_gmt":"2025-01-16T20:41:37","slug":"tallahassees-cra-wont-buy-railroad-square-but-a-future-partnership-remains-possible","status":"publish","type":"wfsu-news","link":"https:\/\/wfsu.org\/local-routes\/wfsu-news\/tallahassees-cra-wont-buy-railroad-square-but-a-future-partnership-remains-possible\/","title":{"rendered":"Tallahassee&#8217;s CRA won&#8217;t buy Railroad Square, but a future partnership remains possible"},"content":{"rendered":"<p>Local officials have voted against a plan to purchase part of Tallahassee\u2019s Railroad Square. But the vote leaves the door open for a potential future partnership between the Southside Community Redevelopment Agency (CRA) and a group of people working to revitalize the local arts district.<\/p>\n<p>Commissioner Curtis Richardson broke from his usual position, siding on this vote with Commissioners Jeremy Matlow and Jack Porter. The group agreed the CRA would not purchase any of the property but would direct staff to work with several long-time arts district tenants to pursue potential funding sources and to formulate a potential funding deal. It\u2019s an idea that goes against the CRA staff recommendation, but that was backed earlier this month by the Greater French Town\/Southside CRA Citizens Advisory Committee.<\/p>\n<p>Tallahassee\u2019s Railroad Square was devastated by severe weather and tornadoes that hit the district back in May of 2024. Since then, the artists and small business owners that work in that space have been worried about what will come next.<\/p>\n<p>Property owners, Adam and Lily Kaye have announced publicly that they plan to sell the land\u2014either to a government entity or potentially to developers. The Kayes are asking for upwards of $10 million for nearly seven acres of space.<\/p>\n<p>An independent analysis found the highest and best use for the land is a mixed-use development with a focus on young professionals and college students along with some commercial space. But during Thursday\u2019s meeting Commissioner Jeremy Matlow questioned whether that translates to what\u2019s actually best for the community.<\/p>\n<p>\u201cAs a government we have a decision to make about what\u2019s the value to the community and the city as a whole to continue to have an arts district,\u201d Matlow said.<\/p>\n<p>Matlow said the vote won\u2019t keep the Kayes from selling the property to someone else, but it will show that the CRA is \u201can open and willing partner to come to the table if a deal comes together.\u201d<\/p>\n<p>Mayor John Dailey, who voted against the plan, said he worries it sends a false message that the CRA has a pot of money available to put into a potential joint deal.<\/p>\n<p>\u201cI am concerned that we are asking the arts community to go and seek debt possibly as part of a deal when I think there are legitimate offers that are currently on the table that need serious consideration,\u201d Dailey said.<\/p>\n<p>The vote leaves the option open for the item to come up again in the future before the CRA. <\/p>\n<div class=\"fullattribution\">Copyright 2025 WFSU<\/div>\n","protected":false},"author":25,"featured_media":20819,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","wds_primary_category":0},"categories":[],"tags":[1137,1135],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Tallahassee&#039;s CRA won&#039;t buy Railroad Square, but a future partnership remains possible - WFSU Local Routes<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wfsu.org\/local-routes\/wfsu-news\/tallahassees-cra-wont-buy-railroad-square-but-a-future-partnership-remains-possible\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tallahassee&#039;s CRA won&#039;t buy Railroad Square, but a future partnership remains possible - WFSU Local Routes\" \/>\n<meta property=\"og:description\" content=\"Local officials have voted against a plan to purchase part of Tallahassee\u2019s Railroad Square. 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