Tag Archives: Capodagli Property Company

Demolition of Wheatena buildings under way

Demolition of some of the buildings on the long-dormant Wheatena and Quinn & Boden properties started in earnest over the last week.

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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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Wheatena properties go for $4.7 million

The developer of the former Wheatena property on Elizabeth Avenue paid $4.7 million for the collection of parcels where 489 rental units are planned, according to property transaction records.

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Wheatena demolition coming soon

Demolition of the former Wheatena and Quinn & Boden buildings on Elizabeth Avenue is expected to begin in the next week or two and should last nearly three months.

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Planning Board approves 487-unit Brownstones

The Planning Board unanimously approved preliminary and final major site plans for a 487-unit rental development at the former Wheatena site on Elizabeth and West Grand avenues.

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Lafayette Village to break ground this week

Construction on Meridia Lafayette Village is expected to begin this week. The 115-unit project is planned at the corner of Main and Monroe streets, where The Savoy, a 36-unit condominium project had been proposed before the real estate market imploded.

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