KozPure-led Downtown Dova project receives approval for $185 million city participation package

The project is planned to include a 7,500-seat arena, hotels, housing, restaurants and retail businesses. KozPure’s broader development partnership includes Caleb Kwong and Mark Daya and combines Black, Indian, Chinese and Syrian American entrepreneurs. The agreement includes up to $3.7 million in building-permit fee waivers, $13.5 million in development-impact-fee payments and $15 million over 15 years for supplemental police and fire services.

• commercial development
• minority-led business
• real estate
• public-private partnership