Southeastern Building Redevelopment in Greensboro May Be a Go

January 14, 2013 at 7:05 pm 1 comment

From the Triad Business Journal:

A public hearing will be held Tuesday on an incentives package for the redevelopment of the Southeastern Building in downtown Greensboro.

The project to redevelop one of the most prominent buildings in downtown Greensboro has long been on hold as developers Willard Tucker and Barry Siegalattempted to shore up financing.

But John Shoffner, the manager of Greensboro’s economic development program, said the possibility of $238,422 incentives from the city gave the project’s financer enough security to move forward…

The project will involve resurfacing the 1918 facade of the building and putting columns out front, Shoffner said. In 2011,the developers told The Business Journalthat they planned to transform the 100,000-square-foot building at 102 N. Elm St. into a mix of 51 apartments, retail and offices.

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Entry filed under: Apartment Construction, Financing, Greensboro, Members in the News. Tags: , , , , .

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