Superior Row “Could Begin Construction This Year”
Superior Street plans submitted
$4 million multistory project to include businesses, 3 floors of apartments
Link (JG)
“A $4 million mixed-use development on Superior Street could begin construction this year.
Hartland Development, of Fort Wayne, submitted the only proposal to construct a mixed-use, multifloor development downtown just west of Club Soda. The Fort Wayne Redevelopment Commission officially accepted the proposal Monday.”
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“The commission will have to wait at least 30 days before discussing the plans for a four-story building with ground-level businesses and three floors of apartments. That is because the developer proposed paying $1 for 8,000 square feet of land. State law required the city to price the land based on appraisals, which averaged $65,335. Because that price was not met, the law requires a cooling-off period of a month before negotiations can begin.
Leatherman said the land price was not a sticking point and said giving the land away was a fair incentive for new construction downtown.”
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