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RM 11-05-99
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RM 11-05-99
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South Bend Redevelopment Commission <br />Regular Meeting - November 5, 1999 <br />6. NEW BUSINESS (CONT.) <br />c. continued... <br />This commercial development is the <br />outgrowth of a comprehensive plan for the <br />West Washington Neighborhood which was <br />completed in 1990 and a strategic plan for <br />the Chapin and Western intersection which <br />was completed in 1995 by the West <br />Washington- Chapin Revitalization Project <br />and SBHF. <br />Subsequently, SBHF began to assemble land <br />on the east side of Chapin and Western <br />Avenue for the specific goal of future <br />commercial development which would serve <br />the residents of the Near West Side. In <br />addition, SBHF owns threes buildings on the <br />west side of Chapin, which includes the <br />former Chapin Street Clinic and the former <br />Naptown Riders. SBHF is currently <br />investing 5180, 000 in these structures in <br />preparation for a lease /purchase to El <br />Campito Day Care Center. SBHF will be <br />purchasing and improving one more <br />commercial structure on the west side of <br />Chapin Street in the year 2000. This <br />comprehensive commercial development <br />strategy is making a significant positive <br />impact on the social and economic <br />revitalization of the Near West Side <br />Neighborhood. <br />The Commission directed the staff to review <br />the two bids and present a staff report at the <br />November 19, 1999, Commission meeting. <br />-10- <br />
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