Jefferson Development Group’s $1.4B One Park project receives final state TIF approval

Highlights
The Kentucky Economic Development Finance Authority approved up to $62 million in tax increment financing for One Park.
Jefferson Development Group's $1.4 billion project will include 240,000 square feet of office space and 600 to 700 residential units.
Louisville Metro Council will retain 20% of incremental tax dollars generated at the site over 30 years.

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