Developer asks Anniston for help advancing McCollum Historic Industrial District apartment project
A property owner told the council he has secured historic tax credits and HUD financing but faces a roughly $4 million sewer relocation and higher interest rates that are delaying a market-rate apartment conversion of 10 historic buildings in the McCollum Historic Industrial District.
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John Kennedy, a property owner and developer, told the Anniston City Council he is seeking city assistance to complete a planned conversion of 10 historic buildings in the McCollum Historic Industrial District into market-rate apartments.
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