TONIGHT: Wayzata City Council Scheduled to Decide on Changes to Bay Center Plans
Revisions to $157-million development project will be discussed and voted on tonight.
What are your general thoughts about the Bay Center? How about the proposed changes to the project's timeline and chronology? We want to hear from you. Sound off in the comments section below. Wayzata city council members will discuss proposed changes to the Bay Center Development project at tonight's meeting and are expected to vote on whether to adjust construction timelines and other requested revisions. Presbyterian Homes, the project's developer, has petitioned the city to de-certify a Tax Increment Financing District (TIF) originally designated in 2009 and create a new TIF District for the multi-phased project. Citing drastic changes in the economy that have resulted in a decreased demand for condominiums and retail space, …
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