Tag Archives: The Gramercy

State of the City 2017

A new hotel for Carriage City Plaza, renaming a downtown space as Tesla Square, and a pop-up youth community center were among the highlights of the 2017 State of the City address on Thursday night.

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E. Cherry Street buildings prepared for demolition

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

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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.

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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.

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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.

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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.

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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.

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Parking dispute nears final settlement

A dispute over downtown parking should be officially settled by next month, which could pave the way for groundbreaking on the 208-unit Main & Monroe project as early as this year. Continue reading Parking dispute nears final settlement