The Commission reviews the redevelopment project known as Rose Three. Jamie McCarthy from the Community Planning and Economic Development Department and Curt Aardema from the development team present details about the project. The discussion includes housing goals, the request for Brownfield assistance, and the proposed timeline for groundbreaking. The Commission also addresses the project's impact on the local tax base and housing demand in Kalamazoo. Questions from commissioners clarify aspects of the project's financing, the role of Plante Moran in reviewing financial feasibility, and the potential for future commercial development on adjacent properties. The meeting provides an opportunity for commissioners to discuss the alignment of the project with city housing goals and its anticipated contribution to meeting local housing demand.