Board in favor of Logan Square apartment initiative
Pharos-Tribune (Logansport, IN) Aug. 24--A Logansport commission is planning to support a housing project in a downtown building with $160,000 and a five- year tax abatement . Bill Cuppy, executive director of the Cass- Logansport Economic Development Organization and Logansport- Cass County Chamber of Commerce, discussed the project at a Logansport Redevelopment Commission meeting on Wednesday. The project involves the Logan Square Building at Third Street and East Broadway. The vacant five- story building consists of about 45, 000 square feet and has a parking lot with about 75 spaces. Cuppy's presentation indicated Lafayette- based FRG Management is pursuing the project. The company bought the building in June and is willing to invest $3.2 million, Cuppy said. FRG Management wants to make the building's first floor mixed-use commercial, Cuppy continued, adding the firm is in talks to provide office space to a financial adviser and an attorney. Cuppy added the firs...