The City Council passed a $3 million Community Development Block Grant loan for a 16,000-square-foot development. File photo
Spartanburg City Council approved three new major development projects at a recent meeting.
The Council passed a $3 million Community Development Block Grant (CDBG) loan for a 16,000-square-foot mixed-use development that will be at the corner of Howard and College streets. This site will include apartments, medical offices and housing for Wofford College's Sustainability Program. The project is expected to cost more than $10 million.
Council also approved redevelopment for Fremont School at 600 Magnolia St. The developer plans to turn the school into 41 apartments. A tax assessment for historic properties would cut down on the number of incremental property tax increase for the property for 20 years. .
A major downtown gateway intersection will also be revamped. Council approved closing two alleys to allow a 19,000-square-foot development at East Main and Pine streets. United Community Bank will be the anchor tenant, while the rest of the space will be available for retail and office space.