Friday, May 19, 2017

agreement with Frenchtown Redevelopment Partners for old shelter land

This area is directly across from FSU.  In what was once a very poor area to be so close to FSU (the #1 economic driver in Leon), it will soon be upgraded. 

http://www.wctv.tv/content/news/CRA-to-consider-agreement-with-Frenchtown-Redevelopment-Partners-for-old-shelter-land--423039614.html

The CRA will consider a potential sale of the former shelter and Renaissance Community Center to Frenchtown Redevelopment Partners, LLC.
The matter will come before the CRA next Thursday. Frenchtown Redevelopment Partners, LLC is requesting exclusive rights to the land for six months while they prepare a redevelopment proposal for the space. Plus, a purchase and sales agreement for that land if the CRA were to approve the redevelopment plan.
Partners have already developed preliminary plans for the land.
“A mixed used strategy for the redevelopment of this area,” said Keith Bowers, Project Manager for the Frenchtown Redevelopment Partners. “It would incorporate residential, commercial and some retail space here in the community.”
They’d also like to see restaurants, office space and a grocery store.

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