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Jackson approves property exchange with Cardinal Capital to enable housing on former Griswold School site
Summary
Council approved a property exchange that gives the city 3.11 acres at the former Griswold School site in exchange for downtown parcels; the agreement obligates Cardinal Capital to pursue mixed housing, senior units and options for single-family lots tied to the city’s 100-homes program.
Jackson City Council on Nov. 26 approved a development-oriented property exchange with Cardinal Capital Management that transfers downtown parcels in return for 3.11 acres at the former Griswold School site.
City staff said the swap — negotiated after outreach to Cardinal Capital — would allow the city to assemble a developable 3.11-acre parcel at Greenwood and Fourth (former Griswold School) to support…
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