New Albany panel approves downtown redevelopment plan, by Grace Schneider (Courier-Journal).For the past 18 months, a group of investors has assembled the major elements of a $45 million plan to convert a block on New Albany, Ind.'s Main Street to condominiums, shops, a boutique hotel and a parking garage.
Their vision moved a step closer to reality today with the city Redevelopment Commission's approval to convey six lots in that block to New Albany Horizons LLC — in exchange for having the property cleared of residual contaminants.
Wednesday, May 13, 2009
Redevelopment Commission OKs land conveyance for Main Street development.
Holliday, Goodman, and crew are moving forward with help from the City and the exploration of options for new government digs continues.
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2 comments:
$45 Million? Over how many years?
EXCELLENT!!
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