Meridia Lafayette, the 115-unit complex at the corner of Main and Monroe streets, is expected to be completed by November with leasing possible as soon as the end of the year. Continue reading Meridia Lafayette nears completion
With demolition of the old Wheatena buildings and clearing of the site in recent months, I thought it’d be a good time to go deep into the archives.
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
Meridia Water’s Edge, the two-year-old rental complex at City Hall Plaza, looks like it will be sold in the near future.
The end of the year is always an appropriate time to review the previous year or look forward to the upcoming year. After sorting some of the photos from the previous year, I’ve organized a slideshow of the images from 2015 on the latest project under way.
Two months after demolition began in earnest, the last of the buildings on the former Wheatena property came down last week.
Demolition of some of the buildings on the long-dormant Wheatena and Quinn & Boden properties started in earnest over the last week.
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.