After several changes and a few years of trying to relocate the current tenant of the property, Station Place appears to be moving forward, with construction slated for later next year.
Tag Archives: rental
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.
Catching up on Carriage City Plaza
As many as 85 to 90 percent of the 160 rental units in Sky View at Carriage City Plaza are typically occupied, according to Joe LoMonaco, manager of 80 E. Milton Ave., LLC., which acquired the property last fall when it had the loan assigned to it during the foreclosure process.
Meridia Chateau now will be Lafayette Village
The developer of the proposed 120-unit Meridia Chateau on Main Street will rename the project Lafayette Village, which was suggested by the Redevelopment Agency.
Continue reading Meridia Chateau now will be Lafayette Village
Chagrined by Chateau’s density, lack of retail
The high density, absence of retail space and narrow sidewalks are among the primary concerns with the Meridia Chateau proposal, according to an analysis by the Redevelopment Agency.Continue reading Chagrined by Chateau’s density, lack of retail
Tax break could run as much as $160k/year
The 10-year Payment In Lieu of Taxes (PILOT) for Meridia Water’s Edge will reduce the property tax bill on the rental development by anywhere from about $85,000 to $160,000 annually. Over the next decade, that could mean a minimum savings of $1 million to $1.6 million, and likely much more as taxes rise.
120-unit Meridia Chateau proposed at Savoy site
A 120-unit rental complex proposed for the former Savoy site would nearly four times the size of previous plan’s density. The Savoy, which broke ground in 2006 at the corner of Monroe and Main streets but stalled and went into default last year, was to be a 36-unit, two-bedroom condo development.
Continue reading 120-unit Meridia Chateau proposed at Savoy site