Tag Archives: apartments

Revised East Cherry Street concept presented

A revised concept plan for several East Cherry Street properties now features 44 units in a new five-story building. The new plan also now includes parking spaces on the ground floor along with a smaller retail space.

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Revisting recent PILOTs

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.

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Discussions continue for Center Circle site

The Redevelopment Agency on Wednesday tabled discussions to designate a redeveloper of The Center Circle site as owners of the facility continue to evaluate bids for the Main Street property.

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East Cherry Street concept revised

Changes to a concept plan for a mixed-used development proposed for East Cherry Street would reduce ground-floor retail space while allowing for on-site parking.

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Another downtown property changes hands

Another downtown property changed hands recently, this time a mixed-used  building on Irving Street.

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Dock Street apartment complex changes hands

Riverside Apartments, a 31-unit complex on Dock Street, sold in May for $2.418 million, according to property tax records. The sale included a Main Street commercial space of about 1,000 square feet that houses Main Street Spirits.

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Agency postpones naming Center Circle developer

The Redevelopment Agency held off on designating a redeveloper for the Center Circle site after the property’s owner requested a delay in order to work with three interested developers.

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Lafayette Village tops out

Meridia Lafayette Village, a 115-unit rental development at the corner of Main and Monroe streets, has topped out, reaching its five-story apex.

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