The property at 295 Commercial St S.E. was slated for a rehabilitation facility before the company decided the improvement wasn’t financially feasible. Salem will spend $3.5 million on the purchase.
Tag: Urban renewal
A depiction of the new Jory Apartments, a new building that will include affordable housing. (City of Salem) Salem’s Urban Renewal Agency will meet Monday evening to consider an agreement that will give a developer a tax break in exchange for building affordable housing. Under the agreement, MWIC Jory, LLC[Read More…]