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At a meeting of the South Bend Redev Dpment Commission in the County - <br />City Building on Wednesday, William h. Steinmetz, president of the <br />St. Joseph River Bend Development Corporation, revealed a model of the <br />co poration's plan for Block 6 near downtown. <br />Located alongside the city's Plaza Park immediately south of Jefferson <br />Boulevard, Block 6 planning calls for a high quality restaurant, an <br />"office park" consisting of eight to ten one and two-story buildings, <br />a rive -in banking facility, a 6 to 8- story, 200 -unit apartment for <br />th� elderly, a convenience center to include a delicatessen, drug <br />stare, cleaners and laundromat, plus parking suitable to accomodate <br />upants and visitors. <br />Ne otiations are already underway with two prospective parties for <br />buildings in the office portion of Block 6 and bids have been re- <br />sutmitted to the Department of Housing & Urban Development for the <br />200 units of Section 8 Elderly Housing on the 2 -acre site at the far <br />Southeast end of the property. <br />Off icers and Principal stockholders of the St. Joseph River Bend <br />Development Corporation in addition to Mr. Steinmetz are George <br />He endeen, Vice President; Eugene Muia, Secretary; Joseph Fragomeni, <br />Tr asurer. Also, Richard A. Rosenthal, Duane Bobeck, and Jerry Hammes. <br />It is anticipated that the total development costs for the Block 6 <br />project will be in excess of $14 million now that the plans are being <br />formalized and the response from within and outside the community has <br />ben so enthusiastically favorable. <br />- 30 - <br />