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Company Description
Project Description
The project was originally slated for demolition however a decision was made to save the structure with current attempts underway to winterize the building through various joist replacements thus preventing further damage. This project would not be financially feasible without assistance due to the excess of structural repair work not part of the project’s original scope of work. Upon completion, the project will offer 5,500 sq ft of 1st floor commercial/retail space and 5,500 sq ft of 2nd floor residential units – 1 being offered at 80% of AMI. Parking will be in the rear of the building.
03/23/2022 - $3,590,000 - Lease/Leaseback Inducement Resolution passed by the ECIDA Board of Directors