Meridia Water’s Edge, a 108-unit rental building that began leasing two years ago, has sold for$29.328 million, or about $271,556 per unit.
Continue reading Meridia Water’s Edge sells for $29.3 million
Category Archives: City Hall Plaza
Meridia Water’s Edge likely to be sold
Meridia Water’s Edge, the two-year-old rental complex at City Hall Plaza, looks like it will be sold in the near future.
Snowstorm causes roof collapse at Center Circle
Winter Storm Jonas blew through town, dumping more than two feet of snow over the weekend, and causing a partial roof collapse at the Center Circle on Saturday.
Continue reading Snowstorm causes roof collapse at Center Circle
Agency moves forward on Center Circle plan
The Redevelopment Agency extended the conditional designation for a developer of The Center Circle, moving ahead with one of three proposed concepts.
Revisting recent PILOTs
The tax assessment for Meridia Water’s Edge is more than $8 million, 20 percent higher than what I estimated a few years ago before construction began. That means the disparity in would-be property taxes versus the Payment In Lieu Of Taxes (PILOT) is even wider than I originally projected.
Discussions continue for Center Circle site
The Redevelopment Agency on Wednesday tabled discussions to designate a redeveloper of The Center Circle site as owners of the facility continue to evaluate bids for the Main Street property.
Continue reading Discussions continue for Center Circle site
Agency postpones naming Center Circle developer
The Redevelopment Agency held off on designating a redeveloper for the Center Circle site after the property’s owner requested a delay in order to work with three interested developers.
Continue reading Agency postpones naming Center Circle developer
Renewed interest for Center Circle project
There is renewed interest from developers for a residential project at The Center Circle site on Main Street.