FY 2017 Budget Highlights

CARROLL CREEK PARK GROWTH AREA $150M private investment, $60M flood control project and $27M linear urban park 550,000 SF office & retail space, 300 new residential units, 1.3 mile pedestrian & bike path, 350 seat Amphitheatre 1,500 new jobs and $1.2 million annual local real property taxes PHASE II - Estimated completion Spring 2016 Estimated at $15.7 million public/private partnership with $125 million of private investment 0 2007 Maryland APA Project of the Year 2008 IEDC Project of the Year store mahan T POD Source: City of Frederick Department of Economic Development Completed 2006 Phase 2A 2014/15 Phase 2B (Site J/K) 38

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