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Last updated on Thursday, March 13, 2014
(BEDFORD) - Bedford Mayor Shawna Girgis and Marla Jones, business and community development director, provided an update on the city’s various Stellar Community projects.
The Stellar projects include: Limestone Trails, the Milwaukee depot, Stonecutters Place, Stone Gate Arts and Education Center, gateways and murals, streetscape improvements, courthouse lawn, downtown business incubator and facade innovations.
Architects have been procured for the arts and education building, the facade project, and the depot.
Girgis and Jones briefly recap each project, explaining how each part will be financed and offer tentative timelines for completion:
Girgis explained the city, county, local growth council and other corporate and individual donors are involved in the restoration of the downtown area - Lawrence County officials committed $500,000 for projects.
In February the state approved funding for the Stonecutters Place Senior Apartments. The project will transform the old Carriage House Furniture building at 16th and K streets, as well as some adjoining properties, into 30 apartments for citizens age 62 and older.
Stonecutters Place will receive $712,182 of the federal tax credits, which are administered and managed by the Indiana Housing and Community Development Authority. The estimated cost of the facility is $7.1 million.
David Miller of Hoosier Uplands explained up to $6 million in tax credits could be used for the renovation and construction of the site.
Girgis says nearly all projects are still in the design phase and officials are addressing the concern about downtown parking.
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