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Froebel closing needs a paper fix — city keeps the schoolyard

Consent vote would update the Samaritas purchase agreement to the new lot lines before a September 29 closing on the building and parking, 46 units.

Froebel closing needs a paper fix — city keeps the schoolyard
Dibs on that schoolyard

Consent item: fix the Froebel purchase paperwork so Tuesday’s deal matches the new lot lines.

Project rendering

The lot split is done. Closing with Samaritas is on the form for September 29. This closing is the school building and parking — 46 units. The buyer named in the packet is Samaritas Affordable Living Froebel LDHA LP. The amendment is Addendum 2 with the updated legal description for 417 Jackson.

The city is keeping the vacant schoolyard on purpose. Samaritas wants a later second phase. Staff say state scoring is better if the city still owns that ground when the next

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40 apartments proposed for 118 W. Clay, with a tax tool attached

Commission holds a hearing on a plan that would let a five-story mixed-use building on Clay tap new taxes to cover site work and a financing gap.

40 apartments proposed for 118 W. Clay, with a tax tool attached
118 West Clay

Tuesday night is a public hearing on a five-story building at 118 W. Clay — apartments over first-floor storefronts — and on the tax plan that would help pay for it.

The developer on the packet is Revilo Two GRR, LLC. Staff describe 40 units: 12 studios, 21 one-bedrooms, seven two-bedrooms. Total investment is about $12.9 million. Construction is aimed at spring 2027 and 15 to 18 months of work.

Site Plan

What Commission is being asked to approve is a brownfield plan amendment (the legal paper that lets new taxes on the site — tax increment financing,

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