Lakeland secures loan commitment for more I-40/Canada Road development
Lakeland officials approve approach to help fund improvements to the Memphis suburbs’ gateway near the exit of Interstate 40.
Topic: City of Lakeland
RSSThere are 200 article(s) tagged City of Lakeland:
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August 2024
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Lakeland approves new TIF district
Lakeland officials have endorsed a new TIF — the suburb’s fourth — for improvements along U.S. 70 at Seed Tick Road.
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Lakeland approves funds for new Lakeland Prep scoreboard
As a way to celebrate the suburb, Lakeland officials have funded a new video scoreboard for the high school football field. A video supporting Lakeland is part of the plan.
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Lakeland Prep growth spurs road, traffic signal improvements
With additional students joining the junior class at Lakeland Prep, the city and school district are working on traffic woes, including installing a new signal.
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The Lake District timeline
A look at The Lake District’s complicated timeline. The future of the mixed-use project in Lakeland remains in limbo.
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Lakeland officials hope for progress soon at The Lake District
Two months after a new owner took over The Lake District in Lakeland, work remains in limbo, but research apparently is being done behind the scenes.
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June 2024
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Lakeland approves final reading of fiscal budget and tax rate
Lakeland approves its annual budget, maintaining the lowest municipal property tax rate in Shelby County.
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May 2024
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Development spotlighted at Lakeland chamber luncheon
Michael Walker, Lakeland city manager, said development in the suburb has not only helped enhance the city but also provided a successful revenue stream.
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Lakeland board OKs budget with no property-tax hike
“Taxes stink, but they are necessary to accomplish our goals as a city,” Lakeland Mayor Josh Roman said after the meeting.
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Lakeland budget draft proposes no tax increase
Leaders of the Memphis suburb intend to avoid a property tax increase for the coming fiscal year that begins in July.
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The Lake District property acquired by lender in foreclosure sale
Developer Yehuda Netanel has fallen short in his attempt to obtain the necessary financing to save his The Lake District project in Lakeland.
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What does the future hold for Memphis’ suburban housing market?
While increased interest rates and rising cost of materials have slowed the housing market, things could improve by the end of this year or the first of 2025.
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Lakeland approves mixed-use commercial project along U.S. 70
The Heathfield project received its latest approval during a Lakeland Board of Commissioners meeting this week as development along U.S. 70 steadily continues.
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April 2024
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Funding deadline passes, Lake District headed for May 13 foreclosure sale
The Lake District financing again appears to be in limbo as deadline passes, but foreclosure delayed.
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Lakeland expects to demolish Relax Inn by end of March
“We’re excited for this next chapter in the development of the Lakeland Gateway,” City Manager Michael Walker said. The motel will be the second Lakeland has torn down in less than six months.
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U.S. 70 mixed-use development passes Lakeland commission
The Lakeland Municipal Planning and Design Review Commission recommended approval for the Heathfield mixed-use planned development outline plan at the future northwest corner of Seed Tick Road and U.S. 70.
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March 2024
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Lakeland looks to spur Lakeland Trace buildout
Lakeland officials say the necessity of finishing a road could help ease traffic in some nearby neighborhoods.
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Lakeland considers roadway, commercial projects
Rising construction costs have the town’s Board of Commissioners looking at phasing in work for the New Canada Road.
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Lakeland plans for future explosive growth
“I do worry about the amount of growth that is coming,” said Kimley-Horn engineer Doug Swett, citing the impact of Ford’s BlueOval City.
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February 2024
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Bankruptcy judge denies last-ditch Lake District plan
A bankruptcy judge’s denial of a reorganization plan for The Lake District casts another level of doubt that the developer — Yehuda Netanel — can resurrect his vision for the Lakeland project.
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Lakeland approves long-delayed Equestria project
The long-discussed Equestria development in Lakeland gets a slim approval, while the suburb continues discussions with the Shelby County Sheriff’s Office for an office there.
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Developer takes stand in The Lake District bankruptcy case
The bankruptcy case involving The Lake District mixed-use development in Lakeland began Monday with developer Yehuda Netanel among those taking the stand to defend his financial status.
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The Lake District’s heading back to bankruptcy court
The financially troubled multi-use project will head to court Feb. 5 after filing bankruptcy and losing the townhome section of the development.
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January 2024
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Netanel defends bankruptcy at The Lake District
While financial issues seem to follow The Lake District, developer Yehuda Netanel defends the mixed-use project and declares optimism.
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December 2023
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Lakeland dealing with fallout of The Lake District bankruptcy
The Lake District continues to suffer financial problems, according to a report to the Lakeland Board of Commissioners.
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