The City Commission voted on Wednesday, Oct. 28 to extend the permit deadline and construction start date for the 4Forty North development project.
The developers of the project requested the extension because the COVID-19 pandemic has impacted and delayed the receipt of loan approval from the Department of Housing and Urban Development.
The original timeline of construction was made in June 2018, and it required the developer to obtain all necessary permits and begin construction of the project by July 2020. In April 2020, the CRA approved an extension to begin construction by December 2020. The developer requested another extension from the City Commission to require all necessary permits and begin construction by June 2021 and to complete construction by December 2023.
Previously, in May 2018, the Community Redevelopment Agency Board approved several changes to the design of the project, including a tree protection zone around a large live oak tree at the corner of North Monroe Street and West Virginia Street.
At the Oct. 28 meeting, Commissioner Dianne Williams-Cox asked if the tree will be impacted by construction. Urban forester Mindy Mohrman said there will be an impact on the tree, but there is a plan to keep the impact minimal and ultimately improve the tree’s health.
The revised plan also calls for 224 units of studios, apartments, townhouses and retail space along Monroe street.
Pictures of the 4Forty North project can be seen here.
I have no problem with the development.
An easy walk to the interesting [& pricey] Cascades Park, old Lafayette Park, the Capitol, downtown and even to sit at the picnic tables & drink beer with the guys at Carter-Howell-Strong Park to the West. Certainly an attractive view of future downtown residents livening up midtown. One I actually share with the city insiders.
But what of post pandemic-election times? 50% chance of CNN hysteria fueled riots. 50% chance of slashed Florida budget demolishing lobbyist, professor & state-job $ largess. We will see. qué será, será!
"the COVID-19 pandemic has impacted and delayed the receipt of loan approval from the Department of Housing and Urban Development" ………………. Why are they getting a Loan through the "Department of Housing and Urban Development" instead of a Bank?