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Oshkosh RDA rejects extension for Millennium LLC’s Meridian project option
Summary
The Oshkosh Redevelopment Authority voted down an extension of an option to purchase an RDA lot for Millennium LLC’s Meridian mixed‑use development after hearing a presentation from the developer; staff said they will follow up with the developer.
The Oshkosh Redevelopment Authority declined to extend an option for Millennium LLC to purchase an RDA parcel downtown after a presentation and questions about financing and design.
Developer Jared English, principal of Millennium LLC, told the RDA on Sept. 18 that the Meridian project — a mixed‑use development of apartments, townhomes and ground‑floor commercial space — has been reworked from a 93‑unit plan to 101 units to make the finances work. English said the team is pursuing multiple financing paths including HUD financing, applications to the Federal Home Loan Bank and discussions with potential equity partners in Chicago.
The RDA vote followed a motion to approve an extension of the option to purchase the RDA lot located between West Seventh and West Eighth avenues, west of South Main…
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