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Is TIF worth it? In case of Crossroads Mall, Omaha City Council will soon decide - Vimarsana News

Is TIF worth it? In case of Crossroads Mall, Omaha City Council will soon decide

A request for $79.4 million in tax-increment financing for the Crossroads project has pushed TIF — a popular and sometimes controversial tool to rejuvenate "blighted" areas — into the spotlight.

154-unit senior housing development gets Ann Arbor council's initial OK - Vimarsana News

154-unit senior housing development gets Ann Arbor council's initial OK

154-unit senior housing development gets Ann Arbor council’s initial OK Updated Dec 22, 2020; Posted Dec 22, 2020 A rendering by Edmund London and Associates of the Lockwood of Ann Arbor senior housing facility proposed on Ellsworth Road.Edmund London and Associates Facebook Share In a 10-0 vote, council gave a rezoning proposal for the development its initial OK. The project now awaits final approval Jan. 19, when there will be a public hearing before council takes a vote. Southfield-based Lockwood Development Co. is asking council to rezone a 7.2-acre property at 2195 E. Ellsworth Road ...

Source: mlive.com
New development could bring 154 senior citizen apartments to Ann Arbor - Vimarsana News

New development could bring 154 senior citizen apartments to Ann Arbor

New development could bring 154 senior citizen apartments to Ann Arbor Updated Dec 20, 2020; Posted Dec 20, 2020 The new Lockwood of Ann Arbor development site at 2195 E. Ellsworth Road, just east of Stone School Road, in southeast Ann Arbor.City of Ann Arbor Facebook Share ANN ARBOR, MI — It’s been 21 months since City Council voted 6-5 to reject plans for a senior housing development opposed by neighbors on Jackson Road. A new version of the Lockwood of Ann Arbor project — proposed on a new site on Ellsworth Road — is now going before a new City Council Monday night, Dec. 21. Sout...

Source: mlive.com
Chicago developer to buy Pocatello Clarion Inn to establish low-income housing for veterans - Vimarsana News

Chicago developer to buy Pocatello Clarion Inn to establish low-income housing for veterans

POCATELLO — Work is currently underway to prevent a local hotel from becoming blighted while also providing much-needed housing, adult supervision and workforce training services for elderly veterans in the region. A Chicago-based real estate investment and development company, Lockwood Development Partners LLC, after obtaining a contract-based conditional use permit from the Pocatello City Council last month, is forging ahead with plans to turn the Clarion Inn on Bench Road into a 125-unit apartment complex for veterans over age 55, complete with an on-site adult daycare and a workforce...

Demolition underway at Crossroads; new $500 million project 'will revive this corner' - Vimarsana News

Demolition underway at Crossroads; new $500 million project 'will revive this corner'

Omaha’s Crossroads Mall began to crumble Tuesday as demolition equipment tore into the former Sears Auto Center to clear the way for a mixed-use center.

Source: omaha.com