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470 - 475 Market Ave Redevelopment


GRDadof3

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14 hours ago, joeDowntown said:

I tend to agree with the DDA board on this one. Does this project really need $1.2 Million over ten years to make it "viable?" And those rents they are quoting are not realistic. I've been looking at apartments around downtown for a family member and they are now surpassing $2/square foot, especially if you can't do a one year lease (up to $3/sf). 

Also, what's wrong with the DDA asking for 20% or so of these units deemed "affordable" in order to get the incentives. I thought that was a city goal anyway. 

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