JT Klein Co. Lands $29M for Wisconsin Affordable Housing Project
KeyBank provided financing for a 116-unit development in Fitchburg slated for a 2022 completion. Feb052021
Image courtesy of KeyBank
JT Klein Co. has received a $29.3 million financing package from KeyBank for the construction of Limestone Ridge Apartments, a 116-unit affordable housing project in Fitchburg, Wis. KeyBank Community Development Lending and Investment provided the borrower with a $16 million construction loan, while KeyBank’s Commercial Mortgage Group secured a $13.3 million, fixed-rate forward tax-exempt loan through Freddie Mac.
Limestone Ridge will take shape on a 3.8-acre parcel at 6270 Limestone Lane. Upon completion, the four-story building designed by JLA Architects will house one-, two- and three-bedroom apartments, with all units restricted to households earning between 50 and 80 percent of the area’s median income. Amenities will include a fitness center and playground.
Last Updated Tuesday, December 15, 2020 3:06PM EST The mayor of Hamilton says he believes a lockdown in the city is likely “inevitable” as COVID-19 cases continue to climb in the region. Fred Eisenberger, who has served as the mayor of Hamilton since 2014, said discussions are currently underway between the local medical officer of health and her provincial counterpart about what further steps need to be taken to slow the spread of the virus in the city. “They will collectively make a recommendation to the premier and cabinet and they ll make a decision,”Eisenberger said. Hamilton reported 99 new cases of the virus today, along with another 134 on Monday, and Eisenberger noted that the region has reached the same provincial threshold as other areas that have been placed in lockdown.
Hamilton mall extends hours in anticipation of shoppers from GTA lockdown zones
by News Staff
Last Updated Dec 15, 2020 at 6:59 am EDT
A photo of Lime Ridge Mall in Hamilton from Google Streetview.
Lime Ridge mall in Hamilton will be extending its hours from Tuesday until the end of the year in anticipation of visitors from lockdown zones in the GTA flocking to the area for holiday shopping.
According to a memo issued by owners Cadillac Fairview and obtained by 680 NEWS, the move is to facilitate spreading out traffic in the mall and “allow more time for visitors to shop safely.”
Hamilton mall extends hours for shoppers coming in from York Region and Toronto
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Ostensibly expecting of a surge of shoppers heading in from now-shuttered York Region, as well as from Toronto and Peel, one GTHA shopping centre has decided to extend its operating hours.
Hamilton s Lime Ridge Mall, a Cadillac Fairview facility less than an hour s drive from downtown T.O., issued a notice to its stores on Monday the first of York Region s 28 days under the most drastic form of Ontario s pandemic restrictions stating that hours were being immediately changed to help spread out traffic and allow more time for visitors to shop safely.