Tag Archives: senior housing

City closes on Esterbrook Avenue properties

The city has closed on four Esterbrook Avenue properties where it plans to have a senior housing facility developed.

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City Council OKs senior housing PILOT agreement

A proposed senior housing development would pay about $30,000 annually under a Payment In Lieu Of Taxes (PILOT) agreement adopted by City Council.

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Revised plan proposes 42 units for senior housing

A revised concept plan for a senior housing development on Esterbook Avenue envisions 42 units instead of 60 units originally defined in a redevelopment plan.

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Council to borrow $2.6M for Esterbrook Avenue acquisitions

City Council plans to authorize borrowing $2.6 million to acquire four properties on Esterbook Avenue to eventually develop a 60-unit senior housing facility.

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City pursues Esterbrook Avenue properties

The city has made an offer to acquire several Esterbrook Avenue properties in its pursuit of a concept for senior housing.

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Esterbrook Avenue lots to be appraised

Five Esterbrook Avenue properties envisioned for senior housing  will be appraised before eventually being acquired from a private owner by the Redevelopment Agency.

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PILOTs exceed $1.5 million in 2018 budget

The latest downtown development is expected to begin contributing a Payment In Lieu of Taxes (PILOT) this year, bringing anticipated revenue from PILOTs to more than $1.5 million in the 2018 municipal budget.

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