Closing on the Center Circle property could come as early as this month, eventually making way for a five-story development on the Main Street site that received approval early this year.
Redevelopment is inching its way across the river from downtown, with a second concept plan proposed for the area: a 40-unit complex on Monroe Street.
City Council confirmed four appointments to city boards and agencies, including two long-vacant seats on the Redevelopment Agency and Parking Authority. Continue reading City Council approves board appointments
Work at the Center Circle site on Main Street, namely removing the athletic bubbles, could begin as soon as the fall if permits and other timelines are met, setting the stage for construction of a 219-unit development that gained approval early this year.
Developers of a two-building complex approved in the center of downtown will move forward on one building as they try to resolve issues with Amtrak on the second.
A concept plan presented to the Redevelopment Agency last week proposed a two-building, 174-unit rental complex that would reconfigure on-street parking across the river from downtown.
Redevelopment officials and developers have agreed in principle on the use of Redevelopment Area Bonds (RABs) but are still working out details on the financing tool that would be part of 208-unit downtown project that includes extending Monroe Street.
The Redevelopment Agency is looking into establishing a new stand-alone website or possibly partnering with the Parking Authority on a joint website.