Credit City of DeKalb
DeKalb’s City Council will consider a second project by developer John Pappas at its meeting tonight.
He wants to build another four-story apartment building along 2nd Street and Lincoln Highway at a cost of approximately $6 million. The Daily Chronicle reports Pappas wants a tax increment financing contribution from the of about $1.9 million.
"Plaza DeKalb" would require renovation of buildings at 124 N. Second St. and 203, 223 and 229 E. Lincoln Highway, as well as demolishing a building 209 E. Lincoln Highway.
The council will discuss the project at tonight's meeting, which begins at 6 p.m.