Tax increment financing for The Standard
Where it standsThe board voted 2-3 in March 2026 on Resolution 26R05, the tax increment financing plan for The Standard Germantown; the measure failed.
What's on the tableWhether and how Germantown uses tax increment financing for private development projects.
- The Standard is a 10.11-acre mixed-use development on the site of the former Carrefour shopping center. Germantown Board of Mayor and Aldermen minutes, Mar. 9, 2026 · Mar 9, 2026
- The plan authorizes a 20-year, 75 percent tax increment financing arrangement with a maximum cap of $35,500,000. Germantown Board of Mayor and Aldermen minutes, Mar. 9, 2026 · Mar 9, 2026
- The minutes state that if Resolution 26R05 is not approved, the TIF application will not proceed. Germantown Board of Mayor and Aldermen minutes, Mar. 9, 2026 · Mar 9, 2026