Tag Archives: East Cherry Street

E. Cherry Street buildings prepared for demolition

Fencing surrounds three East Cherry Street buildings that could be demolished as early as next week.

Continue reading E. Cherry Street buildings prepared for demolition

Demolition looms for East Cherry project

Demolition of a string of East Cherry Street buildings could begin by the end of the month, making way for construction later this year of a 45-unit project called The Gramercy.

Continue reading Demolition looms for East Cherry project

Designs of Tamarand project still in flux

Original concept plans to construct an addition onto an existing East Cherry Street property aren’t likely to happen and instead a new round of changes are expected to a project that initially proposed 43 units.

Continue reading Designs of Tamarand project still in flux

Demolition on E. Cherry targeted for next month

The developer of a 45-unit project aims to begin demolition of existing buildings along East Cherry Street by next month to allow construction to begin before winter.

Continue reading Demolition on E. Cherry targeted for next month

City Council approves Gramercy 20-year PILOT

Without comment from the public or its members, City Council on Monday night unanimously adopted a 20-year Payment In Lieu Of Taxes (PILOT) for The Gramercy.

Continue reading City Council approves Gramercy 20-year PILOT

Gramercy PILOT would shave $100k off tax bill

A proposed PILOT for The Gramercy would stipulate an annual fee of $78,000, about twice as much as the properties currently generate in taxes but about $100,000 less than what the completed project might pay.

Continue reading Gramercy PILOT would shave $100k off tax bill

30-year PILOT considered for The Gramercy

The developer of a 43-unit East Cherry Street project has requested a 30-year Payment In Lieu Of Taxes (PILOT) to be considered by City Council.

Continue reading 30-year PILOT considered for The Gramercy

Retail comings and goings during Q1

Let’s take our quarterly look at retail and commercial turnover.

Continue reading Retail comings and goings during Q1