Showing posts with label Lancaster Lofts. Show all posts
Showing posts with label Lancaster Lofts. Show all posts

Thursday, November 14, 2019

Micro lofting: Gahan campaign donors delayed in work on city-subsidized Lancaster Lofts.


Just a bit of useful background.

Our diamond-encrusted mayor giggles with giddy delight while accepting donations from each entity connected with the Lancaster Lofts project.


Nice building in Providence RI. What's it have to do with Market & Vincennes?


Lancaster Lofts: How many square feet in a micro loft? 260? 400? We're about to find out.


Lancaster-themed "Micro Lofts" soon will inhabit Duggins' anchor wasteland at the corner of Market and Vincennes.


Now a whole new round of obligatory campaign finance tithes can begin.

Work on Lancaster Lofts project in New Albany delayed, by John Boyle (Hanson's Folly)

... The 56-unit complex is expected to cost between $4.5 million and $5 million to build. The main style of the units will be micro-lofts, comprising roughly 300 square feet, with rent prices ranging from $550 to $850.

Once the construction process begins, it's expected to last eight to 10 months.

"We're still excited about it," Barber said. "We didn't anticipate all the delay, but we're looking forward to it. It's going to be good for the city. People are anxious, and we realize that."

Thursday, August 15, 2019

Gahan announces bold initiative to align all political patronage construction project deadlines with the start of early voting.

Lancaster Lofts is the perfect Gahan pay-to-play construction project.

First, a grandiose photo op and self-congratulatory press release (not pictured because it's too insulting to the intelligence of our house cats).

Then, fenced-in consciousness with a stinky dumpster in the middle.




Are we winning yet, Adam?

Thursday, June 06, 2019

Our diamond-encrusted mayor giggles with giddy delight while accepting donations from each entity connected with the Lancaster Lofts project.


I seldom attend Board of Zoning Appeals meetings, but received a report from a friend who was there on Tuesday evening.

Up for a zoning variance was Progressive Land Development's "microloft project" at the former site of Tommy Lancaster's and Market Boy (northwest corner of Vincennes and Market).

55 one bedroom units ranging from 292sqf to 644sqf, and a whopping single retail unit that is 1300 sqf. Micro units to rent for planned $525 and the large units $825. Observe that 12x23 is smaller than a pull-behind camper.

Dude: that's almost as tiny as David Duggins' world view ... but I digress.

However this variance for the benefit of Progressive Land Development was not sought by the company itself, whose principal is a documented Gahan re-enthronement campaign donor.


Rather, Progressive's docket was handled by redevelopment director Josh Staten on behalf of Anchor City. Seems the municipality still owns the properties it purchased from the likes of Vinod Gupta and environmentally remediated.

Apparently someone asked Staten to enumerate the city's previous accumulated subsidies and investments in the project, but he replied that he didn't have those numbers. Obviously since the properties have yet to be sold to Progressive, we also don't know the sale price, either.

It also was revealed ...


 ... that HWC is the engineering firm of record and AXIS the architects. Both these firms are from Indianapolis, and yes Virginia, they've been pouring money into Gahan's pockets.











To conclude: The city's redevelopment department has picked a winner, and is running interference; the redevelopment director cannot cite relevant details at a variance hearing; and Gahan campaign donors are involved every step of the way, with ripened plums of the usual no-bid contracts awaiting them.

Nothing about this strikes me as transparent, and if I were to ask Democratic party functionaries to explain, the response is near certain: Yes, it's slimy but it's also standard operating procedure, and no one cares about the details as long as we keep moooooving forward; besides, the Republicans are worse.

This, then, is the extent of our degradation.

#FireGahan2019

Nice building in Providence RI. What's it have to do with Market & Vincennes?



Grassroots redevelopers buy "the worst house on the worst block." How's a self-respecting mayor to wet his beak on THAT?



Progressive Land Development proposes to reinvent the wheel at Lancaster Lofts as Deaf Gahan says wait, is that check in the mail yet?



Lancaster-themed "Micro Lofts" soon will inhabit Duggins' anchor wasteland at the corner of Market and Vincennes.

Wednesday, August 15, 2018

At redevelopment meeting, Dickey touts heroic soil testing piffle even as the Moser Tannery dies just as slow and painful a death as being forced to listen to Adam's touts at redevelopment meetings.


The Green Mouse had been under the impression that Tuesday's redevelopment commission meeting would be the occasion for David Barksdale to learn why his new pals at City Hall have allowed the Moser Tannery to sit unattended for two years, with the roof now caving in.

Since yesterday, as three more stately trees succumbed to the Tree Board's deforestation fetish, the remainder of the "neglected" structure by the wetlands has started observing the laws of gravity.

Look what the great historic preservation savior Jeff Gahan has done to the Moser Tannery building.

Well, we can't blame the Schmitt Family for THIS purposeful dilapidation. Maybe Barksdale's Reisz Mahal fawning bootlicker bonus included a handy gag order for the eventuality of a quid pro quo, but at any rate, the newspaper's reporter seemed only to notice bravely bold Sir Adam, recording the DemoDisneyDixiecratic chairman's canned pieties about soil testing.

New Albany to test soil at former Tommy Lancaster, Market Boy sites, by Brooke McAfee (Tom May Scrolls)

... Redevelopment Commission Vice President Adam Dickey said this is a step that will help the city return the property to a productive use that fits the community.

"This is us as a city doing the right steps and doing our due diligence to make sure it's safe," he said. "We don't want to create a site that years later we determine we didn't do an effective job cleaning up."

Even as Dickey spoke, the Moser Tannery was crumbling. Our pillars are big wankers in a tiny and fast evaporating puddle, each and every one of them.

Not a single tree in this city has a chance so long as David Barksdale and Jeff Gahan wield the chain saws, and Freud would have a field day with the phallic symbolism.

Wednesday, May 30, 2018

Nice building in Providence RI. What's it have to do with Market & Vincennes?


WDRB's Jessica Bard investigates the hitherto unknown "micro-loft" movement, coming soon to a concept being planned for the big hole in the ground at the corner of Market and Vincennes.

Paul Barber, Progressive Land Development partner, said his company plans to build a 50-unit micro-loft apartment complex called the Lancaster Lofts.

“Think about it as the tiny house movement brought to apartment living,” he said.

The early plans show the units are only about 300 square feet. The bed sits in a loft on top of the kitchen in some renderings. Barber said the goal is to get young people living close to downtown for an affordable price, between $500 and $900 per month.

If you're the suspicious type like me, you're wondering why Progressive Land Development chose a building at 131 Washington Street in Providence, Rhode Island to illustrate Lancaster Lofts.


I'm guessing it has something to do with these excerpts from the AS220 web site.

Founded by prolific artist, civic leader, and cultural agitator, Umberto Crenca in 1985, AS220 has developed, owns, and operates three buildings (a total of 100,000 sq ft) in Downtown Providence.

One of the buildings owned by AS220 is the Mercantile Block.

In addition to a wide breadth of public programming and our accomplishments in the realm of urban revitalization, AS220 also provides 60 live and work studios, of which 80% are designated affordable housing. This makes AS220 the leading provider of affordable housing in downtown Providence.

AS220 offers residential and work studios in three buildings: the 115 Empire St Complex, the Dreyfus, on the corner of Mathewson and Washington Street and the Mercantile Block, neighboring the Dreyfus at 131 Washington St. AS220 provides space to artists who seek a diverse, stable and affordable studio environment. The residents of the third floor of Empire Street and the Dreyfus and the Mercantile Block studios are a community of ideas rather than simply a community of tenants.

In short, while it may not be exactly what affordable housing proponents are saying, we all can visualize the approaching photo op: "You wanted affordable housing? Right here it is, at Lancaster Lofts! Come and get some."

And, everyone has to begin including affordable housing in their developments, or so City Hall insists is stipulated in the comprehensive plan.

Micro lofts = affordable housing? This could get interesting.

While you're at it, some vintage Gahan campaign finance, with more surely queued at direct deposit.



Wanna bet the eventual design looks nothing like that building in Providence? But is sure looks good on the evening news.

Friday, May 11, 2018

Progressive Land Development proposes to reinvent the wheel at Lancaster Lofts as Deaf Gahan says wait, is that check in the mail yet?


We touched on this a couple of weeks ago.

Lancaster-themed "Micro Lofts" soon will inhabit Duggins' anchor wasteland at the corner of Market and Vincennes.

If there isn't a solid chicken-fried steak with requisite non-lumpy milk gravy coming out of one of the eateries in this planned "Lancaster nostalgia" development -- think of it as Break Wind Too -- then all the retro branding will have been in vain.

Progressive Land Development didn't appear on Mayor Jeff Gahan's massive list of 2017 campaign contributors, although HWC Engineering's president Ed Jolliffe deposited a cool $5k into the coffers. I'm betting PLD makes its debut some time in 2018.

But credit PLD with considerable newspeak savvy: there'll be no restaurants in the commercial space, but food trucks.

Businesses, 'micro' apartments planned for former Lancaster, Market Boy properties, by Danielle Grady (News of Tom May)

NEW ALBANY — “Micro loft” apartments and commercial space will be hallmarks of a project planned for New Albany’s former Tommy Lancaster Restaurant and Market Boy Grocery properties.

The New Albany Redevelopment Commission began seeking developers for the city-owned properties last summer after purchasing and tearing down the iconic, but languishing New Albany businesses. This April, they finally approved a development agreement from the New Albany-based Progressive Land Development company for a three-story, multi-use apartment complex.

Progressive Land Development Owner, Paul Barber, said that New Albany legal counsel is looking over the agreement, which could be finalized within the next couple of weeks, according to Director of City Operations Mike Hall.

The city only received one proposal for the property, but Redevelopment Director Josh Staten is satisfied with Barber’s plans. The city originally asked for a multi-use project, and they got one.

“I think it’s a unique design, it’s something that’s relatively new to the area, and it’s in an area of town that we’re excited about,” Staten said.

Friday, May 04, 2018

Lancaster Lofts: How many square feet in a micro loft? 260? 400? We're about to find out.



Last weekend we surveyed the most recent Redevelopment Commission meeting minutes in search of information about the festering municipal eyesore at the corner of Vincennes and Market.

Lancaster-themed "Micro Lofts" soon will inhabit Duggins' anchor wasteland at the corner of Market and Vincennes.

"Mr. Toole stated that this project will include Micro Lofts, which is a new concept seen in bigger cities, geared towards Millennials and Empty Nesters that want to be able to travel and go and come as they please. Mr. Toole stated that he believes that this concept is fresh to the market country wide but is a hit in the larger Metropolitan Statistical Areas."

The April 10 minutes didn't specify square footage for the micro lofts at Duggins Does Lancaster Lofts, but these units in Detroit are a useful comparison.

A Look Inside Of The Future 260 Square Foot Micro Lofts At The New 28Grand, by Shianne Nocerini (Daily Detroit)

The development may be large, but the units inside are not. We’re talking micro lofts.

You might be wondering what a micro loft is, and it sounds exactly like what it is. It’s a tiny apartment with a touch of a loft sensibility. Each unit will be roughly 260 square feet.

28Grand will be a 101,000 square foot building that will have 218 micro lofts and 13 floors. The units will feature nine foot ceilings and large picture windows that are 6 feet high and 10 feet long.

Or, we can begin the discussion at a whopping 400 square feet. Speaking personally, I think micro lofts are a good idea. Not everyone wants to own a McMansion or rent a conventional apartment.

As for the price of one of these micro lofts, there where Tommy Lancaster Restaurant and Market Boy once stood -- that's going to tell the tale, isn't it?

Would you live in a 400 square foot apartment?, by Rachel Quednau (Strong Towns)

Our friend Joe Minicozzi at the geoanalytics firm Urban3 gives presentations around the country sharing deeply valuable data on which development patterns benefit cities and which do not. In some of these presentations, he likes to share an example of a real estate developer who, back in 1994, chose to fix up an old hotel in downtown Asheville, North Carolina and convert it into small apartments with a store on the bottom floor.

Joe explains that there are three real ways to provide affordable housing: 1) Get an incredible real estate deal, 2) Get it subsidized by a government or nonprofit entity, or 3) Build smaller, no frills homes.

This downtown Asheville development went the latter route. The apartment units were 400 square feet each so they could be offered at a cheap monthly rent.

When Joe presents this project for audiences of elected officials, business people and city leaders around the country, there's typically a reaction along the lines of: Who would live in a 400 square foot apartment? How could they possibly rent these units?

It's at that point that he asks the audience: Okay, do any of you live in a 400 square foot apartment? Sometimes a few people raise their hands, but usually not more than one or two.

Next he asks: Alright, but who in this room has lived in a 400 square foot apartment? All of sudden, the conversation shifts. Lots of people are raising their hands. They're thinking of their college years, their post-graduate days, the period after their divorce, the time they lost their job and had to downsize quickly...

When you're talking to a room full of suits with six-figure household incomes, the idea of a 400 square foot apartment seems ludicrous. They can't imagine anyone living in it and therefore, they don't create the circumstances for it to be built. The local building codes won't readily allow such a small unit, but the city staff and elected leaders don't think twice about it because they can't conceive of a 400 square foot lifestyle. Meanwhile, the bankers don't make financing available for a project like that because, of course, none of them live in 400 square foot apartments, and for the developers, it's the same story. That's why in Asheville, a city of 90,000 people, there were hardly any small apartments available downtown at the time that this building was redeveloped (and there still aren't many today).

But when a room full of powerful people starts reflecting back on their lives, they recognize the specific prism through which they're viewing things. "Sometimes we go into decision making thinking about where we are in our lives," Joe explains. "We take our biases, and assume that needs to be the standard or the rule." This is a serious mistake, though ...

 ... those of us that are happily enjoying affordable small apartments need to make our voices heard and share with those in power that these units work, and that they provide very necessary housing at a reasonable price.

And if you're a banker, a developer, or a local government leader, stop viewing your city only through middle class and middle-aged eyes. Just because a particular form of housing looks utterly unappealing to you at this point in your life, it doesn't mean there aren't plenty of residents who wouldn't gladly live there if it meant an affordable monthly rent. We miss out on so many opportunities to provide housing for people because of this prevailing elitist mindset which says "No one would want to live there!" In fact, there are plenty of people who, when faced with a choice between spending most of their income on housing, or moving in with relatives, or even becoming homeless, would much prefer a small apartment over any of these options.

Thursday, May 03, 2018

Top Ten posts at NA Confidential for April 2018.

Duggins Does (Did) Micro-Lofts, too.

Thanks for reading NA Confidential, where we enjoy reconnoitering the neglected periphery for uniquely local perspectives on life in New Albany.

City Hall's allegations to the contrary, it can be grasped quite clearly that hundreds of you are reading, and we believe this fact attests to a keen ongoing interest in grassroots New Albany stories, perhaps because they're being chronically under-served elsewhere. After all, fawning stenography and inexorably multiplying religion columnists can get a newspaper only so far.

That said, numbers were down a bit in April, which isn't unusual for this time of year. The April list begins with ten "honorable mention" posts, before concluding with the Top Ten, escalating to No. 1. These statistics are derived from Google's internal accounting.

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APRIL HONORABLE MENTION (10)

404

Your turn, buster -- or, this isn't the usual rant about potholes.


I'm eternally fascinated by the notion that potholes, as a specific minority subset of broader street and highway conditions, can be relied upon to trigger endless, intemperate diatribes and vitriolic rants of the sort that almost never greet so many structural inadequacies (water, health care, sanitation, affordable housing) that impact the living conditions of humans when they're not inside their cars.

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413

This photo collage shows the incredible transformation of the Pints & Union building at 114 E. Market.



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430

What's the highest elected office attained by an African-American in New Albany and Floyd County government?


"What's the highest elected office attained by an African-American in New Albany and Floyd County government?"

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434

The CJ's remarkably consistent terminal decline: No news in the Indiana Newsletter, and plenty of blue-bagged litter to clog the city's storm drains.


Friday was the 4th straight day of a Romeo Langford college choice story with top billing in the CJ's "Indiana Newsletter," finally supplanted today by the opioid crisis, another recurring chestnut that at least constitutes genuine news. This vacuous irrelevance was accompanied by a fresh spate of unwanted blue-wrapped street spam.

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446 (tie)

A sampling of new windows, paint and facades in downtown New Albany.



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446 (tie)

SweetFrog: "Please help save your only frozen treat option in New Albany."


We love downtown New Albany and everything it's about. I mentioned opening a small business is hard-not only is it financially hard, but emotionally as well when you put your heart and soul into something that you truly believe can bring happiness to a community in the form of a healthier sweet treat and then have it potentially taken away. We truly hope that we are able to continue to stay open give you the best Froyo experience you've ever had.

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464

True colors: A Pints & Union visual update.



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500

It's déjà vu all over again as the NAHA and New Hope ask the BZA for variances to build housing units in three locations near West Street.


And, given the lengthy bureaucratic process involved, I'm also going to guess that these unusual non-demolition projects fell into David Duggins' lap (dance) courtesy of former NAHA director Bob Lane, who took me on a tour one day a few years ago and pointed out these pieces of property as future building sites.

In short, the colonizing forces would seem to be following the pre-existing plan put together by the deposed Lane. Consequently, I'm issuing a Gahan Personality Cult Alert (GPCA), and you should be on the lookout for the mayor and his vicious sycophantic lickspittles taking credit for someone else's work.

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504

ON THE AVENUES: New Albany's downtown food and dining scene is solid ... for now.


It’s too strong of a reaction to conclude that downtown suddenly is in retreat. I’m hardly a serial optimist, but it’s premature to begin issuing doom-laden pronouncements about bubbles bursting.

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507

Even Pinocchio figured it out, so get those political signs out of the verge and into your yard.


People, this isn't nuclear physics. Keep your touts off the verge, and no signs get hurt.

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525

Exciting news from Schmitt Furniture: "All of our buildings are to have new windows installed, including the currently covered windows."



APRIL TOP TEN

577

Floyd County Democrats reveal council president Knable's responsibility for brush fires, potholes and a mistaken school lock-down. He may have voted the GOP candidates, too.


Speaking on behalf of Gahan4Mayor personnel Friday, New Albany Police Chief Todd Bailey cleared up the incident:

“After an extensive investigation into Knable's household trash bin, including the building inspector’s inspections of his house’s wiring and HVAC, we learned President Knable ate an apple, not a banana, as he previously claimed.”

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606

Read township trustee candidate Steve Burks' statement about affordable housing in New Albany.


"That being said I am opposed to any displacement of individuals without a comprehensive plan to 'help' individuals with the basic necessity of affordable living. I use the term living on purpose because it is more than just a roof over a person. Living means being engaged in the community to make it a better place for all the citizens of New Albany. We are God’s creation and should be treated with dignity and respect."

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608

From Colokial to DADA in two blocks or less, with a sideways glance at DNA's tacky mobster tactics.


The upshot: Colokial closes so its owner can transition to a different business model, and DADA moves from Underground Station into the vacated Colokial space because it needs more square footage, leaving behind an affordable slot that might be regarded as an incubator, or become the permanent location of a niche business.

It all makes perfect sense. To reiterate thoughts expressed in this space after Feast BBQ and Comfy Cow recently closed, downtown must be viewed as a dynamic in progress. As long as usable spaces are being occupied, there's nothing much else to say, and there'll be steps forward and backward. The aim is to keep moving forward.

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617

The shrinking remnants of Moser Tannery can't take much more of this strange "love" from Team Gahan.


The fire was the second in the vicinity of the tannery since early March, when a late-model industrial warehouse adjacent to the remaining brick building went up in flames.

Is it just me, or has the abuse of the tannery site -- graffiti, vandalism, garbage and fires -- escalated noticeably since City Hall (ahem) took control?

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654

10 years ago today, Barack Obama was in New Albany.


It was April 23, 2008, and presidential candidate Barack Obama was in New Albany, Indiana. Not only did Obama go on to become the first ever African-American president, but he even won the state of Indiana in the general election that November.

In short, it was a thousand years ago.

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684

Read Dan Canon's statement about the issue of public housing in New Albany.


Abuse of the poor and the vulnerable is not, and has never been, a purely partisan affliction. We can combat such abuses with vigilance, which is the promise of We Are New Albany. I can make that promise as well. The good people in my hometown deserve as much. We will be watching.

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796

LIVE TO EAT on THE BEER BEAT: A tribute to the late Rocky's Sub Pub and a question: What's happening at Jeffersonville's "restaurant row"?


It was announced today that Rocky's Sub Pub, on the riverfront in Jeffersonville, suddenly closed. Danielle Grady's newspaper coverage is linked below, but first, a short piece I wrote for LEO back in 2009, when Rocky's debuted its beefed-up tap system. Ironically, now both Rocky's and JeffBoat are gone.

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1,095

Is last year's two-way street grid build-out to blame for a business slowdown? "Six months of confusing traffic patterns during peak season really put a lot of people in the hole."


"Great! I heard the rumors ... never heard the plan. I wanted two-way streets before and I want them now, and I love the two-way. Two-way streets are great for downtown, and I'm a big fan of them -- but here's the part that no one knew or had any input on. The conversion would put confusing cones, confusing lines, confusing signs, confusing lights all around us while all confusingly contradicting one other."

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1,210

LIVE TO EAT: "7 steps to try before resorting to a bad review on Yelp."


Accordingly, the reason for the one-star take-down from the clueless American, which occurred a few weeks before our excellent experience, was that he came to the Taberna Stº. António without a reservation, it was fully booked with no available tables, and so BOOM, a negative review: how dare they not have space to seat us? How can you give a bad review to a place you haven't even entered?

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1,383

Lancaster-themed "Micro Lofts" soon will inhabit Duggins' anchor wasteland at the corner of Market and Vincennes.


If there isn't a solid chicken-fried steak with requisite non-lumpy milk gravy coming out of one of the eateries in this planned "Lancaster nostalgia" development -- think of it as Break Wind Too -- then all the retro branding will have been in vain.

Sunday, April 29, 2018

Lancaster-themed "Micro Lofts" soon will inhabit Duggins' anchor wasteland at the corner of Market and Vincennes.



If there isn't a solid chicken-fried steak with requisite non-lumpy milk gravy coming out of one of the eateries in this planned "Lancaster nostalgia" development -- think of it as Break Wind Too -- then all the retro branding will have been in vain.

As an aside, the Green Mouse was told that former redevelopment kingpin and chief Breakwater public subsidy coordinator David Duggins, currently in charge of ensuring that public housing resembles the post-tsunami templates above, actually moved into an apartment at Breakwater at some point last year, his HWC benefits plan having expired.

Perhaps soon he'll be given a summer home at Lancaster Flats (oops -- "lofts").

It also means that Duggins will be eligible to run for office in New Albany when next year's primary rolls around -- and that's far more terrifying than the Amazing Colossal Man, primarily because we don't need a $125K councilman.


Now there's a guy who can demolish public housing lickety-split. Indeed: when will it (the corruption) stop?

Read all about the micro-lofting proposal by a company that's so progressive, they even include it in the name.

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MINUTES
NEW ALBANY REDEVELOPMENT COMMISSION

The regular meeting of the New Albany Redevelopment Commission was held on Tuesday, April 10, 2018 at 2:30 p.m., in the Assembly Room, City-County Building, New Albany, Indiana.

(snip)

The second item of Old Business was the Update for the Former Market Boy/Tommy Lancaster’s Site. Matt Toole, of Progressive Land Development, presented a concept for the site. Their goal with this project is to tie in a concept back to the heritage, to include Tommy Lancaster’s and a design similar to the Mercantile Building. They are looking to build loft apartments with mixed use retail on the first level of this three story three-sided brick with HardiePlank siding on the back of the building. Handouts detailing the design of this project were passed out to the Commission Members. Mr. Toole stated that the total square footage would be about 36,000 square feet, 12,000 square feet on each floor. He explained that they had a market study conducted on the entire southern Indiana market. Mr. Toole stated that this project will include Micro Lofts, which is a new concept seen in bigger cities, geared towards Millennials and Empty Nesters that want to be able to travel and go and come as they please. Mr. Toole stated that he believes that this concept is fresh to the market country wide but is a hit in the larger Metropolitan Statistical Areas. Mr. Toole stated that they have invested three years in to this possible development. The development will include Micro Lofts as well as a larger one bedroom unit and retail space below to include small restaurants and boutique style businesses. He explained that a goal with this development is to revitalize that corridor as well as encourage residents to utilize the Ohio River Greenway to help drive growth to the City of New Albany. Mr. Barksdale stated that the Vincennes Street, uptown corridor needs help and focus. He believes that this could be the anchor to start revitalizing that area. Mr. Barksdale asked if the retail is going to face Vincennes Street only. Mr. Toole stated that they have to work around the IDEM concerns and as a result of those, the retail will mostly face Vincennes, with some of the amenities coming off of Market Street. Mr. Toole stated that there will be green space on the property as well. He stated that they meet the parking quota. The President noted that the rendering was 4 stories. Mr. Toole stated that they pulled a design that was close to what they were looking to build. The Director asked for the total project cost. Mr. Toole responded a total of $3.5 million including site improvement. The President asked if there are any potential commercial tenants. Mr. Toole stated that nothing has been finalized, but they have had interest. Mr. Middleton asked for a target completion date, to which Mr. Toole stated this would be determined by the starting point, but that this project, weather conducive, should take no more than 8-10 months. Mr. Stewart asked if these would be rentals, to which Mr. Toole responded that they would be rentals. Mr. Dickey requested that the final renderings be sent in when they become available. Mr. Barksdale motioned to approve the Development Agreement for Lancaster Lofts contingent upon legal review. Mr. Dickey seconded and the motion carried 5-0.