By Jerry Creel, Community Development Director
This week in economic development, the city council voted to approve Reunion Place Subdivision-Phase 1. The new development is located on the north side of Brodie Road east of Cedar Lake, and when complete will have 38 single family homes and 46 townhomes. Phase 1 will include 8 single family houses and 34 town-homes.
Also this week, a building permit was issued to construct the exterior walls enclosing the steel framework for the former Casino Magic. Reinforcing steel is currently being installed to support the new water park to be located on the roof of the newly enclosed structure. Separate permits will be obtained for the water park, and for the build out of the newly enclosed structure.
In our valuation update from last year at this time, the building permit valuation is up $16.6 million dollars, sales tax revenues are up $260K, and casino revenues are up $24.1 Million.
