Redevelopment is expected to begin next year on a 6-acre industrial site in Elyria-Swansea owned by the nonprofit Urban Land Conservancy.
Denver-based ULC and Atlanta-based Columbia Ventures submitted a site-development plan to the city last week, proposing 150 income-restricted residential units, and clinic and retail space at 4800 N. Vine St.
It’s the first phase of development planned for the 4800 Race St. and 4800 Vine St. parcels, which ULC paid $5.5 million for in April 2015, according to public records. The site is currently home to Atlas Construction Supply, which will move before construction begins.
Source BusinessDen