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.