SRV Plainfield 3 East Third Street Redevelopment (remaining phases)
Description
MOU for the remaining 919 units of an already-approved redevelopment (398 units built/under construction), with $6.25M in total benefits including $1.5M upfront, $2M land acquisition, and $250K street naming rights.
Impact summary
Biggest revenue shot in the arm of the night — $1.5M immediately toward the budget gap, plus hundreds of new apartments on East Third Street.
Applicant
- Name
- SRV Plainfield 3 Urban Renewal LLC
- Address
- Block 305 Lots 1, 2.01; Block 306 Lots 11, 12, 20, 20.01, 24.01, 26, 27, 29 (East Third Street area)
At a glance
- Hearings
- 1
- Public comments
- 0
- Total mentions
- 1
Last vote · City Council
Last discussed Jul 6, 2026.
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