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Elkhart approves River District development agreement: city to own parking garage, pledges $8 million
Summary
The City of Elkhart approved a complex public‑private development agreement with River District Development Company for a 1.25‑acre South‑Side Jackson Street site that includes a city‑owned parking structure wrapped by roughly 70 apartments and about 14,000 sq ft of commercial space; the city’s investment is $8 million of an estimated $38 million total project, with completion targets through Dec. 2028.
The City of Elkhart’s Board of Works on Nov. 4 approved an economic development agreement with River District Development Company and the redevelopment commission to support a mixed‑use project at 225 Jackson Street.
Mike Huber, development services director, described the project as a unique public‑private partnership in which the city will own a parking garage wrapped by residential and commercial uses. Huber said the full project is estimated at $38 million, of which the city’s investment is $8 million and the developer intends to invest about $30 million. The agreement includes management provisions for the garage during the…
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