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Clear Lake council tonight holds public hearing on proposal to transform upper floor space in downtown building to apartments

CLEAR LAKE — The City Council in Clear Lake tonight will hold a public hearing about an application for a new state grant that would be used to help convert upper floor space in a downtown building to apartments.

The proposed project includes the conversion of the upper floor of the Corner Drug building at 2 North 4th Street from retail and office space into three apartments. The first floor was recently gutted and renovated as retail space. The apartment layout would include two, two-bedroom apartments and one, one-bedroom apartment. 

A new state Community Development Block Grant program tied to COVID-19 relief would provide a three-year forgivable loan in the amount of $500,000, and in turn, the project developer Jessica Wood would have to rent two of the three units to low-to-moderate income residents.

The council meets tonight at 6 o’clock at City Hall.

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