Let’s take our quarterly look at retail and commercial turnover.
A dispute over downtown parking should be officially settled by next month, which could pave the way for groundbreaking on the 208-unit Main & Monroe project as early as this year. Continue reading Parking dispute nears final settlement
Designs for a 43-unit project proposed for East Cherry Street that includes some new construction and some rehabilitation will be revised and presented to redevelopment officials as early as this week. Continue reading Designs tweaked for Tamarand project
Unable to come to terms on acquisition of the former Mangos Grill property, a developer has walked away from a proposed 88-unit project for the site.
A mixed-used building that was one of the early downtown redevelopment projects was acquired last fall in a sheriff’s sale.
A 5-story, 45-unit project on East Cherry Street is moving ahead, including property transfers, a redevelopment agreement and discussions on a Payment In Lieu Of Taxes (PILOT).
A critical gateway property to downtown recently changed hands and has seen some activity in recent weeks.
The Redevelopment Agency last month unanimously adopted a resolution (6-0) approving a redevelopment agreement with R2-N2 Properties, which has approval to build a 45-unit complex along a stretch of East Cherry Street currently occupied by several storefronts.
Continue reading Gramercy redevelopment agreement approved