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During a Monday night meeting, the Hammond City Council unanimously approved a development agreement with the Michigan City-based NWI Hohman LLC.
A $24 million mixed-use residential development is coming to the former Bank Calumet building in downtown Hammond.
Both the Hohman Avenue and Kennedy Avenue reconstruction projects are slated to break ground Monday.
"We have a big investment coming to our city and I think it is going to be transformational."
A development agreement has been approved for Rimbach Square, a 208-unit apartment complex.