Yesterday, Roanoke City Council voted to expand the footprint of what constitutes Downtown Roanoke. The new area encompasses Jefferson Street down to River’s Edge and the Carilion Complex:
The council unanimously voted to expand the city’s downtown service district to include 72 taxable parcels in the Jefferson Street and Riverside corridors. That area includes the Virginia Tech Carilion School of Medicine, River’s Edge Sports Complex, the former flour mill and scrap yard properties, the former Victory Stadium site and a variety of properties between Jefferson Street and the Roanoke River.
The action tacks on the service district’s tax rate of 10 cents per $100 of assessed value to properties in that area. That rate generated about $400,000 annually under the previous service district; the expanded area will generate an additional $135,000 annually, according to a city staff report.
It was noted that the expansion now included the bulk of the length of the free Star Line Trolley route.