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