We also have more stories about:
(click the phrases to see a list)
Subjects:
Places:
?
RICHMOND, Ind. ? A developer is planning to build apartments in an eastern Indiana city targeted at students attending the neighboring campuses of an Indiana University regional branch and Ivy Tech Community College.
Kyle Bach, president and CEO of South Bend-based Mecca Companies, told the Richmond planning commission Thursday night that the company expected to spend $10 million on constructing three three-story buildings comprising 126 apartments, the Palladium-Item reported (http://pinews.co/ME6fTg ).
"We think this project will be great for the universities and great for the community," Bach said. "Not only will it increase the tax base but it will also offer important housing options for IU East and Ivy Tech."
The commission voted 8-0 to endorse a zoning change to allow the apartments near the campuses on the city's north side. The City Council still must consider final approval.
Plan commission members said they believed the project could spark more commercial development in the area and help attract students, particularly to the 3,700-student IU East campus.
"I think it will bring more life to the area and agree that that might be very good to locate it there," commission member Benny Young said.
Lynn Coyne, assistant vice president for real estate at Indiana University, also spoke in favor of the project.
"We view it as a quality housing opportunity for students and we think it would be a good fit for the community," Coyne said.
___
Information from: Palladium-Item, http://www.pal-item.com
numerology the game new hampshire primary hue jackson alabama football coachella 2012 line up lsu
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.