General News
10:16 am
Mon March 18, 2013

Lafayette's Centennial Townhomes project seeks developer

The effort to tear down the old Midwest Rentals buildings in Lafayette’s Historic Centennial Neighborhood continues.

The vacant Midwest Rentals property at the corner of the 5th and Brown streets in downtown Lafayette.
Credit Mike Loizzo / WBAA Radio

A request for proposals last summer didn’t attract any ideas.

Economic Development Director Dennis Carson says the goal is to get someone to build owner-occupied townhomes.

"We haven't had any interest in that lately, but I'm still putting that out there and marketing that," he says. "It's still a tough housing market out there. It hasn't quite turned around completely, but it's trending towards the better. We hope in the future here, a developer will step forward."

The city’s redevelopment commission, Lafayette Urban Enterprise Association and Centennial Neighborhood Investment Group are partnering on the project.

WBAA’s Mike Loizzo talks with Centennial Neighborhood resident Michael Hunt, who is part of the investment group, about his hopes for the site and what it means for the area.

A banner on the gate in front of the vacant Midwest Rentals property shows the city's and neighbors' plan for townhomes.
Credit Mike Loizzo / WBAA Radio