City Council approved changes to the redevelopment agreement for Meridia Brownstones, setting a new development schedule for the project’s next phases.
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City Council moves on new redevelopment agreement
City Council introduced an ordinance to accept changes to the financial agreement for Meridia Brownstones, a 487-unit at the former Wheatena site that recently cut the ribbon on its first phase.
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Agreement sets new timeline for Meridia Brownstones
Phase one of The Brownstones would have to be completed in its entirety by September while phase two would begin construction by July, be completed by the end of 2022, and include six affordable units, according to changes approved to the redevelopment agreement.
Continue reading Agreement sets new timeline for Meridia Brownstones
New redevelopment agreement for Brownstones
A new redevelopment agreement for the second phase of The Brownstones development could come up for approval as early as next month.
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Second phase of Brownstones up in the air
The first phase of The Brownstones, about a third of the overall units approved for construction, is closing in on completion but phase two will remain up in the air for the foreseeable future.
Executive order halts construction
One redevelopment project will have to wait to break ground and another may have to halt certain aspects of construction, under an executive order issued by the governor to try to contain the spread of the novel coronavirus (COVID-19).
300 units target completion in Q4
The first phases of at least two developments currently under construction are projected to be completed toward the end of this year, adding about 300 residential units downtown.
Redevelopment map update
The beginning of a new year seems like an appropriate time as any to look back over the previous year and while we’re at it, update the redevelopment map on the site.