With the paint barely dries Network, Cedarland Development Group plans his next project near the medical campus. Cedarland offers an apartment two blocks away on the northeast corner of Michigan Avenue and Best Street. The developer is looking to purchase vacant lots numbered 160, 162, 164 Best and 1145 Michigan (red on the map below) from the city to build the project. Kitty-corner site project of two buildings approved for the site of Hoji Village and north of the City School of Honor. From the agenda of the General Council:
The developer plans to use his property to build a residential complex consisting of twenty-five (25) apartments at market prices and two (2) affordable apartments with an average income of 60%. 50 parking spaces will also be included for residents to use (“Project”). The developer currently retains ownership of the plots adjacent to the city plots and must acquire the city plots to start the project.
Cedarland owns an empty house at 166 Best and its vacant lot to the east at 168 Best (blue above). Valuation determines the purchase price.