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TexasTowelie

(111,950 posts)
Sat Mar 1, 2014, 05:11 PM Mar 2014

Waco developer spurned by city strips down apartment design

A developer who failed to win public money for a 24-unit downtown apartment complex has drawn poor reviews for his penny-pinching redesign.

The project formerly known as the Mirada now is under construction at 701 S. Sixth St., but without the architectural cut stone and glass-block facade that developer Michael Wray initially presented to city officials.

Instead, the exterior of what is now called Belmont Cottages is clad in plain cement siding, resulting in barn-like structures Wray describes as a “Cape Cod design.”

Wray said the redesign was the result of the Waco City Council rejecting his request last summer for up to $240,000 from the Tax Increment Financing Zone.

A picture of the apartment building and the continuation of the article is at http://www.wacotrib.com/news/business/downtown-developer-spurned-by-city-strips-down-apartment-design/article_11ce9627-8617-50ff-8d61-0b192844530d.html .

[font]The building is ugly and does not fit in well with the other buildings being constructed in the area.[/font]

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Waco developer spurned by city strips down apartment design (Original Post) TexasTowelie Mar 2014 OP
Not a man who can meet a challenge, I see. aquart Mar 2014 #1
his attempt to gouge taxpayers out of $240K failed. good for the city council :-) nt msongs Mar 2014 #2
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