The vision for the old Wheatena property on Elizabeth Avenue has gone through a number of iterations for more than a decade, from some 300 townhouses to 130 condominiums.
Continue reading Two developers in talks about Wheatena property
Tag Archives: Capodagli Property Company
Possible changes, delays for Lafayette Village
State environmental regulations are forcing some minor design changes for Meridia Lafayette Village while the developer also has requested more space to redesign the 115-unit project more favorably.
Continue reading Possible changes, delays for Lafayette Village
Capodagli named redeveloper of Wheatena site
The Redevelopment Agency conditionally designated Capodagli Property Company as redeveloper of the former Wheatena and Quinn & Boden sites on Elizabeth Avenue.
Continue reading Capodagli named redeveloper of Wheatena site
Council unanimously approves PILOT
The City Council unanimously (8-0) approved a 15-year PILOT for Meridia Lafayette Village at its meeting Monday night that will nearly halve the developer’s overall property taxes while providing more revenue directly to the city than it might typically get once the project is built out.
PILOT proposed for Meridia Lafayette Village
The City Council will consider another 15-year Payment In Lieu of Taxes (PILOT), this time for the 115-unit Meridia Lafayette Village. The PILOT would call for an annual payment to the city of about $156,000, or about $1,356 per unit, based on 10 percent the project’s annual gross revenues, according to the ordinance (O-24-12).
Continue reading PILOT proposed for Meridia Lafayette Village
Concept for ‘The Brownstones’ at Wheatena site
The developer of two downtown projects under construction presented a new concept for the former Wheatena site at the corner of Elizabeth and West Grand avenues.
Continue reading Concept for ‘The Brownstones’ at Wheatena site
Unanimous approval for Meridia Lafayette Village
The Planning Board last night unanimously approved a preliminary and final site plan for Meridia Lafayette Village, a 115-unit rental project at the former site of the stalled Savoy development.
Continue reading Unanimous approval for Meridia Lafayette Village
Planning Board to hear plan for 115 units
A plan for the former Savoy site downtown is scheduled to be heard by the Planning Board Tuesday night, with five fewer units than originally proposed to the Redevelopment Agency early this year.