A local developer says he’s excited and raring to get started building a $45-million, 147-unit apartment building for retirees on land just west of the downtown that’s sat vacant for almost 30 years.
“This project is very real for us and we do plan on starting it as soon as the city will let us,” Rob Piroli, president of Piroli Development Group, told council’s planning, heritage and economic development standing committee on Monday.
The committee responded by unanimously agreeing to Piroli’s request that the city expand the boundaries by one block so that his project at Wyandotte Street and Crawford Avenue can qualify for the city’s successful community improvement plan for the downtown. The CIP provides attractive incentives — grants and tax rebates — for new residential units to be built in the downtown. The boundary expansion still must be approved by city council.
Ward 8 city Coun. Bill Marra, who chairs the planning committee, said the Piroli plan is “exactly what the CIP is driving at.”
When Piroli told the committee that the CIP makes the project feasible, Ward 9 Coun. Hilary Payne remarked that the CIP is not only a help for developers. “But it’s also a tipping point,” the deciding factor in making a downtown investment, he said.
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