Tag Archives: R2-N2 Properties LLC

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.

Continue reading Redevelopment map update

Financial agreement for Slokker project amended

The Redevelopment Agency earlier this month adopted a resolution that will allow the city to issue Redevelopment Area Bonds (RAB) to reimburse a developer for part of the cost of extending Monroe Street.

Continue reading Financial agreement for Slokker project amended

The Gramercy tops out

Some eight months after breaking ground, the five-story Gramercy development along East Cherry Street has topped out.

Continue reading The Gramercy tops out

Gramercy rising along East Cherry Street

A 45-unit apartment complex is rising along East Cherry Street, reaching the third story of a planned five-story development.

Continue reading Gramercy rising along East Cherry Street

E. Cherry Street buildings prepared for demolition

Fencing surrounds three East Cherry Street buildings that could be demolished as early as next week.

Continue reading E. Cherry Street buildings prepared for demolition

Demolition looms for East Cherry project

Demolition of a string of East Cherry Street buildings could begin by the end of the month, making way for construction later this year of a 45-unit project called The Gramercy.

Continue reading Demolition looms for East Cherry project

Demolition on E. Cherry targeted for next month

The developer of a 45-unit project aims to begin demolition of existing buildings along East Cherry Street by next month to allow construction to begin before winter.

Continue reading Demolition on E. Cherry targeted for next month

Gramercy PILOT would shave $100k off tax bill

A proposed PILOT for The Gramercy would stipulate an annual fee of $78,000, about twice as much as the properties currently generate in taxes but about $100,000 less than what the completed project might pay.

Continue reading Gramercy PILOT would shave $100k off tax bill