Millcreek Common's next phases: $22.1 million budgeted for East Common and Millcreek North, $6.05 million for Phase II

Millcreek's fiscal 2027 budget splits the next stages of Millcreek Common between two funds. Fund 452 covers East Common and the Millcreek North property, and Fund 451 covers Millcreek Common Phase II. ^[1]

East Common and Millcreek North

Fund 452 budgets $22,061,000 in fiscal 2027: $16,500,000 for East Common construction, which the budget notes split into $11.0 million for a parking structure and $5.5 million for retail; $3,100,000 to acquire the Millcreek North property; $1,000,000 for design; $154,000 for tenant relocation; $25,000 for a tenant incentive; $50,000 for legal services; and a $1,232,000 transfer for interest on the 2025 bonds. ^[1]

Its budgeted sources are $2,900,000 from land sales, noted as $1.4 million for condo air rights and $1.5 million for a hotel; $500,000 in interest; $1,500,000 from the agency's housing fund; and $17,161,000 drawn from fund balance. The budget projects the fund starting the year with $18,226,500 and ending it with $1,065,500. ^[1]

Phase II

Fund 451 budgets $6,050,000: $5,000,000 for Phase II design and construction, $1,000,000 for Chambers Avenue and Woodland Avenue, and $50,000 for other amenities. ^[1]

Its sources are $2.5 million in grants, $3,110,000 in transfers and $440,000 from fund balance. The transfers are $1,000,000 from the General Fund, $2,000,000 from the general capital fund, $50,000 in park impact fees and $60,000 from the Woodland Avenue redevelopment area. ^[1]

The Highland Drive rezone

On July 13, 2026, the council approved Ordinance 26-49, rezoning about half an acre at 3232 South Highland Drive subject to a development agreement and removing its previous zone conditions. The vote was 4-0, with Council Member Silvia Catten excused. ^[2][3]

The minutes describe about 25 condominiums facing Millcreek Common, about 14,000 square feet of ground-floor retail, a hotel and a garage of about 204 to 207 stalls. They say the agreement covers ownership, parking access, utilities, off-site road work and design, and that City Attorney John Brems was finalizing the exhibits. ^[2]

The parking structure

The September budget amendment, Ordinance 26-67, was adopted Sept. 28. ^[4] The proposed amendment in the packet added $920,000 from the general capital fund's balance to its parking structure line, for completion and retainage payout. ^[5]