EYA is under contract to acquire the site, with closing expected after GEICO’s advisor, JM Zell Partners, completes demolition of the existing building. For more information on demolition visit the Construction FAQs.

Yes, the project is expected to exceed minimum requirements and include a mix of low- and moderate-income units, primarily within the apartment building and some townhomes, with unit types ranging from studios to four bedrooms.

Townhomes are currently anticipated to be priced between approximately $1 million and $2 million.

The project will be fully electric and is exploring additional measures such as geothermal energy and solar panels, building on EYA’s history of incorporating sustainable design practices.

No, the project is not expected to utilize the Commercial-to-Residential expedited approval process and will not rely on the County’s PILOT real estate tax abatement program.