The North Gateway Urban Renewal Area is approximately 926 acres in North Salem. Recent activities have focused on stimulating private development and improving traffic circulation in the area, including:
Assessed values and key projects were determined when the urban renewal district was first established. Project plans are subject to change at the direction of the Urban Renewal Agency.
Assessed value at creation: $133,430,867
Current assessed value: $305,080,314
Total bonding capacity: $75,000,000
Return on investment: $112,949,148
North Gateway Grant Program
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