Summary
The urban renewal agency is extending Revenue Allocation Area 4-3 to fund roughly $75 million in public improvements — a new electrical substation, road widening on 3300 East, and water and sewer capacity — to support Chobani's $500 million expansion. Chobani is on the hook if tax revenues fall short of bond payments.
At a glance
- Total mentions
- 4
- Last 30 days
- 1
Discussed at 2 meetings in the last 60 days; most recently Oct 19, 2026.
Impact analysis
About $75 million in infrastructure, backed by Chobani's tax revenue and a state/federal contribution, with the city also chipping in on sewer work.
Chobani's expansion, surrounding industrial development, and the broader tax base that urban renewal revenues support.
Other taxing districts — including schools, the ambulance district, and fire districts — would wait up to 15 more years for their share of the area's property tax growth.
Mentions & discussions (4)
Urban Renewal Agency - Oct 19, 2026
The plan amendment for the Chobani district wraps up by year's end, but the agency still must figure out the funding mechanism and its ongoing relationship with Chobani.
Planning and Zoning Commission - Sep 15, 2026
The urban renewal agency is extending Revenue Allocation Area 4-3 to fund roughly $75 million in public improvements — a new electrical substation, road widening on 3300 East, and water and sewer capacity — to support Chobani's $500 million expansion. Chobani is on the hook if tax revenues fall short of bond payments.
City Council - Aug 31, 2026
The city's urban renewal agency wants to extend the Chobani-area funding district up to 15 more years — to 2046 — to pay for about $53 million in roads, water, sewer, and power upgrades tied to Chobani's $1.5 billion expansion. Tax increment revenue that normally flows to schools and other taxing districts would keep going to the agency longer. A public hearing and council vote is expected November 9.
Urban Renewal Agency - Aug 17, 2026
The agency is weighing extending the Chobani revenue allocation area from 2031 to 2046 to fund about $60 million in roads, power, water and wastewater work for Chobani's $1.5 billion expansion. Some commissioners want a 10-year cap so schools, the county and other taxing districts regain that tax base sooner.
Related development
We'll email you when it's on an upcoming agenda and when it's voted on, at most once a day.
The weekly brief for Twin Falls
What the council decided, in plain English — one email a week.
Free. Unsubscribe with one click any time. We never sell your email.