Council OKs Abatement For First Leg of $50M Plan

(Image courtesy of the St. Joseph Chamber of Commerce) Property around Beutter Park is the focus of several developments.

Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now

This audio file is brought to you by

0:00

0:00

Loading audio file, please wait.

Speed
1.00

• 0.25
• 0.50
• 0.75
• 1.00
• 1.25
• 1.50
• 1.75
• 2.00

The Mishawaka City Council has approved tax abatement for the initial phase of a potential $50 million project. The five-year abatement for Barak Group LLC involves a $10 million condominium development and a cafe along the banks of the St. Joseph River.

This round of construction could include up to 40 condos. Construction could begin next year and additional phases could seek approval and abatement as the project progresses.

Overall, plans call for condos, apartments and a boutique hotel and conference center.

The South Bend Tribune reports the land is located where a Uniroyal plant once stood and has not been on the tax rolls in more than 20 years.