The building that once accommodated the Fairfield Shoes Company will be 60 luxury apartments by the spring of 2026.
In Ohio’s Lancaster -Lancaster downtown, rehabilitation and renovation to the gorgeous apartments and business spaces in old factories are underway.
The building that once accommodated the Fairfield Shoes Company will be 60 luxury apartments by the spring of 2026. In January 2024, the project received a $ 2 million tax deduction from the state program that provides such a credit to a complex project.
It is developed by restoration of cities based in Columbus. According to Stephanie Bosco, an executive director of the Lancaster Port Bureau, the former mayor of Lancaster, former Economic Development Director, and City Restaurant, started a few years ago. I did it.
“That’s a big job,” said Bosco. “Port authorities have been able to exempt them from sales tax. The city has been working hard to see how they can support development.”
Bosco stated that it would cost about $ 20 million as of last year that it would help maintain the prosperity of Lancaster downtown.
“We need a wide variety of housing, we need a wide variety of houses. We have young experts. There are people and people who sold their families in their career, and we want to enjoy and downtown. I am, “she said. “I need a barista. Restaurants need staff. We will need all kinds of people and will help them grow downtown.”
Bosco, like many other Central Ohio communities, needs a house, from affordable houses to high -end houses, for those who can buy it. I said.
“We don’t say we are desperate. We are trying to be very intentional. We need a house at all levels,” she said.
She didn’t know how much apartment it would cost when they rented.
Doug Durant manages a Lancaster bicycle shop opposite an old building. He said that it was most of the spaces of 15 or 20 years, and it was great to see it in the end. Once completed, he wants it to support his business.
“It increases the traffic volume of a small historic road in downtown Lancaster,” said Durant. “I have a lot of local businesses, including myself, so more customers will be wonderful.”
The parking lot was a concern of 10TVs heard from people about apartments. Bosco stated that a parking lot would be finished behind the building to provide a parking lot of building tenants.
