The former Royal Cleaners is now eyed to be repurposed for marijuana retail, cultivation, and manufacturing company.
The Zoning Board of Appeals granted a special permit for EOS Farm LLC. to operate there. The plan is to use the majority of the building for cultivation and manufacturing of marijuana products and then use 600 square feet of frontage for retail.
A new incubator space for the Morningside area is now open.
The Tyler Street Lab is now open at 730 Tyler Street. The building houses offices of a number of community organizations and serves as a one-stop shop for people to access whatever they need, whether that be business assistance or community services.
The state released a $125,000 allocation to move the St. Mary's project along.
The City Council accepted the grant from the state on Tuesday and the money will fund upgraded infrastructure to the project and preserve the terracotta roofing and campanile tower. The project is being undertaken by CT Management and is transforming the St. Mary the Morningstar property into 29 market-rate housing units.
With a new investor on board, CT Management has just about all of its funding in place to redevelop the St. Mary the Morningstar campus.
Developer David Carver purchased the property at the end of 2017 with plans to transform the historic property into 29 market-rate housing units. Since then the company has been working on securing the financing need to preserve the buildings, transform the interiors, while still making economic sense. The project is estimated to cost more than $6 million.
The city is looking to continue the momentum to revitalize Tyler Street this summer.
In the coming weeks, city officials will be interviewing eight consultants about potentially crafting a conceptual design for a streetscape project. The design will make many of the talked-about improvements over the last few years into a much more concrete and comprehensive vision.
The City Council canít wait for the St. Maryís renovation.
The council opted against fleshing out a tax increment exemption at the subcommittee level and approved it Tuesday night to help move the project along. The agreement would exempt developers CT Management from paying on any increased value caused by the renovation of the four structures into 29 market-rate housing units for four year.