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Affordable‑housing developer offers three options for Old County Courthouse, cites $50M reuse estimate and $20M funding gap
Summary
Anchor Development presented three approaches for the Old County Courthouse: adaptive reuse (estimate nearly $50M with about $20M gap), demolition/rebuild (90–120 units; county asked to consider $1–2M demolition cost), and sale/split proceeds to a community land trust and housing funds; county attorney said transferring county funds/land for housing may require a referendum and additional legal work.
Representatives from Anchor Development presented three options on Dec. 1 for using the Old County Courthouse site for affordable housing and neighborhood supports, and commissioners debated feasibility, procurement and timing while staff cautioned about legal limits on county funds.
Laurie Ingram, Anchor’s executive director, outlined Option 1—adaptive reuse of the courthouse into four to five floors of residential with a ground‑floor fresh market and supportive services. "We would be looking at nearly $50,000,000 in redevelopment costs and about a $20,000,000 gap," Ingram said, adding that the developer would use historic and low‑income housing tax credits and other gap sources. Anchor estimated approximately 165–200…
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