Post Falls Districts
There are currently 4 active districts in the Post Falls area:
Map of Post Falls Urban Renewal Agency Districts (link)
East Post Falls
Year of creation: 2002
Size: 972 acres
Base assessed value: $62,413,796
"Increment value": $163,782,490
Projected Termination Date: 2022
Goals for this District's infrastructure improvements are primarily traffic-related. Modifications have been made to the Highway 41/Interstate 90 area already. Many more improvement projects are identified, however, as this District is a regional traffic hub.
*The East Post Falls District has three sub-districts that have formed to accommodate either different proponents or different objectives.
*The City of Post Falls is the Proponent for two of the three sub-districts in the East Post Falls District.
*The Post Falls Urban Renewal Agency has worked closely with the Mayor and City Council to expand public utilities, construct a new water reservoir serving the western portion of the City, construct new sewer facilities, improve roadways, address traffic problems, create new parks and secure sites for the construction of new school buildings.
Center Point
Year of creation: 2002
Size: 335 acres
Base assessed value: $1,395,916
"Increment value": $49,752,037
Projected Termination Date: 2022
The open land in this District is quickly being developed as retail, manufacturing and light industrial uses.
Expo
Year of creation: 2001
Size: 236 acres
Base assessed value: $4,716,720
"Increment value": $17,390,333
Projected Termination Date: 2021
Post Falls Technology
Year of creation: 2018
Size: 831 acres
Base assessed value: $38,758,868
"Increment value": $
Projected Termination Date: 2038
West Seltice II (Closed)
Year of creation: 2005
Size: 248 acres
Base assessed value: $1,719,589
"Increment value": $10,204,935
Projected Termination Date: 2020
The West Seltice II District was opened in 2005, to address blight, extend public infrastructure to support mixed use housing, commercial and light industrial development and address traffic improvements on 248 acres adjacent to the Flexcel manufacturing facility.
City Center – CLOSED
Year of creation: 1994
Size: 231 acres
Termination Date: August 2018
In 2002, the original District was expanded, at the request of the City of Post Falls, to 231 acres and renamed the City Center District. The Agency worked with the city to improve and repave some streets early on, and recently has gathered citizen input on desired changes to the city "center" area.
Riverbend – CLOSED
Year of creation: 1995
Size: 330 acres
Termination Date: November 2012
Infrastructure improvements have supported the development of North Idaho College's Workforce Training Center and the University of Idaho's Research Park, which draws research and technology companies. In 2005, Buck Knives relocated its manufacturing plant from California, bringing 150 jobs immediately.
West Seltice – CLOSED
Year of creation: 1992
Size: 665 acres
Termination Date: 2001
The Urban Renewal Agency worked with the proponent to finance public improvement projects including street reconstruction, additional traffic signals & fire hydrants, sewer and water line extensions, storm water treatment, landscaping, street lighting and bike paths in this District.