The first phase of Meridia Brownstones at Elizabeth and West Grand avenues is complete, with some issues to be resolved before the remaining 40% of Temporary Certificates of Occupancy (TCO) are granted.
City Council approved changes to the redevelopment agreement for Meridia Brownstones, setting a new development schedule for the project’s next phases.
City Council introduced an ordinance to accept changes to the financial agreement for Meridia Brownstones, a 487-unit at the former Wheatena site that recently cut the ribbon on its first phase.
Phase one of The Brownstones would have to be completed in its entirety by September while phase two would begin construction by July, be completed by the end of 2022, and include six affordable units, according to changes approved to the redevelopment agreement.
The first phase of The Brownstones, about a third of the overall units approved for construction, is closing in on completion but phase two will remain up in the air for the foreseeable future.
One redevelopment project will have to wait to break ground and another may have to halt certain aspects of construction, under an executive order issued by the governor to try to contain the spread of the novel coronavirus (COVID-19).