From 40 South News:
The owners of the land near McCutcheon and Eager roads, where Manhassett Village apartments once stood, are planning to build a new Manhassett Village, to be completed in four phases between 2015 to 2022.
Phases 1 and 2 are be completed by 2016, and would total 321 units. Phase 3 consists of 240 units to be completed in 2019. Phase 1 is estimated to cost $50 million.
Phase 4 is planned to be an approximately 240-unit, 12-story building, estimated to be completed in 2022. These would be considered high-end. Project details are at Richmond Heights City Hall.
Draper & Kramer requested 100 percent tax abatement for the first 10 years from each phase’s completion and 50 percent for the next 15.
Images via 40 South News.
