Community Planning & Economic Development

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The Landings

Fourth Avenue North and West River parkway

The city acquired this former railyard property in the late 1980s. In 1993, the city began contamination cleanup, totaling $1.6 million, to pave the way for an upscale housing project. Groundbreaking for Phase I of The Landings took place in 1995. Situated on 1,000 feet of riverfront frontage, the homes feature brick and stucco exterior, wrought iron fencing, large lots, historic street lighting and beautiful landscaping. Construction continues on this development, as the townhomes are in high demand.

Developer:

Sherman and Associates

Financing: 

National City Bank

Mid-American Bank

Richfield Bank & Trust

 

(all provided construction loans)

City Investment: 

$1.6 million for pollution cleanup

Total Development Cost: 

$25 million

Projected Number of Units:

58 (over eight phases)

Unit Sizes: 

2,500 to 5,000 square feet

Price Range: 

$385,000 to $900,000

Projected Real Estate Taxes:

$133,000

Construction Began: 

August 1995

Completed: 

2000

July 2000

Last updated Oct 28, 2011