Common Contracts

RE: Construction Agreement with NuJak Development, Inc. for the Construction of Single-Family Residences within the new Lincoln Square Subdivision

November 29th, 2017

• Filed
  November 29th, 2017

Attached for your consideration is a Construction Agreement with NuJak Development, Inc. for the construction of 21 single-family residences within the new Lincoln Square subdivision. The Lakeland Community Redevelopment Agency (CRA) purchased the former 120-unit Lincoln Square Apartment Complex for $1,348,016 in 2011. The purchase was to support neighborhood stabilization of the Paul Diggs and Webster Park Neighborhoods. In 2015, the CRA Advisory Board voted to develop affordable housing on the 5-acre site. A civil engineer and architect were hired to begin the design process. The resulting design includes 21 single family residential units, ranging from 1,200 – 1,500 square feet and offering both 3 bedroom or 2 bedroom options. The CRA marketed the site for direct sale to individuals who qualify for mortgages and will homestead property.