Parkside Support Amendment Act of 2025

This bill exempts certain heritage tree protections for the Parkside mixed-use development project (Lots 865-869 in Square 5056) that had prior zoning approval before July 1, 2016. It provides tax abatements of up to $300,000 annually for 30 years on these lots, contingent on issuing a final building certificate by September 30, 2029. The bill also includes refunds for related development fees paid by the project owner. It directly affects the Parkside development project owners through these tax and tree regulation changes.