City Supports Downtown Apartment Project
KSAL Staff - February 2, 2015 6:10 pm
Salina City Commisssioners give their support to a project that would bring around 50 apartments to Downtown Salina.
Flint Hills Holdings Group is seeking tax credits for the project. As part of the process, a resolution of support is needed.
The project includes a minimum 48 unit housing project on behalf of Mike Forristal of the Lee Building, and Flint Hills Holdings Company as the developers and new potential owners of the Lee Building.
Flint Hills Holdings Group specializes in innovative real estate development using a variety of unique financing options. Successfully completing numerous tax credit allocations and awards, Flint Hills Holdings Group has served as owner/developer as well as consultant on numerous projects. They have also developed a brokerage aspect for projects which help sellers maximize their profits.
Some city commissioners and staff toured several of the company’s projects in Lawrence last week.