Summary
Rather than tear down the storm-damaged oldest commercial building downtown, the city is putting $150,000 toward a private restoration, with the new owner rehabbing it into apartments and commercial space. The city projects about $16,000 a year in new property taxes once complete.
At a glance
- Total mentions
- 2
- Last 30 days
- 2
Discussed at 1 meeting in the last 60 days; most recently Oct 19, 2026.
Impact analysis
$150,000 city investment; projected $16,000/year in new property tax revenue; total project cost ~$1.1–1.2 million.
Downtown revitalization, the riverwalk gateway, and future tenants and residents of the building.
Mentions & discussions (1)
Related development
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