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Council approves sale of 1651 Sycamore Street and development agreement with Crystal Distribution Services
Summary
The Waterloo City Council approved a sale of 1651 Sycamore Street to Crystal Distribution Services Inc. and a development agreement that funds rehabilitation and a 5,000-square-foot maintenance shop.
The Waterloo City Council approved a sale and development package for 1651 Sycamore Street, authorizing conveyance to Crystal Distribution Services Inc. and a development agreement to rehabilitate the building and construct a 5,000-square-foot maintenance shop.
Developer Eric Poe told the council the purchase would return a former church to the tax rolls and allow building improvements and possible neighborhood-serving uses such as a daycare. "We're going to make improvements to that building and we're looking…
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