Two areas off Cape Coral Parkway in south Cape Coral could be changing in dramatic fashion over the next two years with two apartment complex projects totaling at least $114 million in construction costs in the planning stages.
The City of Cape Coral has promised a combined $17 million in tax rebate incentives for the two projects, which were dubbed “Project Dolphin” and “Project Hoosier” but will be getting new, official names moving forward.
“This is going to change the face of Cape Coral Parkway,” said Ricardo Noguera, manager of the city’s Economic Development Office. “I expect more developers will come in. This will be a catalyst for attracting more developers to the south Cape. Because of its location, it’s key to the revitalization of the south Cape. It’s going to provide more parking to benefit businesses in the area.”
Courtesy-Columbus.in.gov/redevelopment
COLUMBUS, Ind. – The Columbus Redevelopment Commission (CRC) earlier this week unanimously approved Phase I of a new, $40 million, two-block, mixed-use development project slated for downtown Columbus. The commission has entered into a contract with Indiana-based developer Flaherty and Collins Properties.
CRC says Phase I includes 200 market-rate apartments, an urban grocery, and 15,000 square feet of retail/restaurant space designed to expand downtown business options, plus added parking for residents, visitors, and workers.
“This project will help transform downtown Columbus, especially for residential development. Having an urban grocery easily walkable for all of downtown’s residents will help encourage even more private investment in our downtown,” stated Mayor James Lienhoop.
Historic building becomes affordable housing
A historic building in downtown Terre Haute is getting some new life and helping out the community.
Posted: Dec 30, 2020 9:49 PM
Updated: Dec 31, 2020 12:10 PM
Posted By: Sarah Lehman
TERRE HAUTE, Ind. (WTHI) It s been years in the making. but one building in Terre Haute has finally been given some new life.
Getting the keys to your own place can be exciting, but it s not something that happens for everyone. Many people just can t afford it. Now, one place in Terre Haute is making it easier for those in need to get affordable housing. Most communities struggle to provide adequate affordable housing for all ages, Julie Collier, the VP of Development for Flaherty & Collins Properties said.
River Market intersection will see multifamily proliferation in coming years bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.