Development agreement could lead to more residents, retail on Thea Foss

Members of the City Council approved purchase and sale, development and environmental indemnity agreements between the Thea Foss Waterway Development Authority (FWDA) and TF-Four, LLC. TF-Four proposes to redevelop Site 4 alongside the Thea Foss Waterway with new hotel, residential units, retail and commercial uses and parking. The FWDA board approved the agreements earlier this year.