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The original item was published from 7/26/2017 1:22:00 PM to 8/1/2017 12:00:03 AM.
City of Newton - Administration
Posted on: July 25, 2017
[ARCHIVED] Jewel Tea Court Development
Consumer demand has proven to be strong for the Jewel Tea Court townhomes in the 300 block of East 4th Street North. Seven of the eight new housing units have been claimed by buyers. With such a high level of interest, this project should spur additional growth of similar new projects in the community.
Earlier in July, City council approved $15,000 for infrastructure costs and an estimated $24,646 for a sidewalk project to the developer, the First Newton National Development Corporation, and its contractor, BTS Construction.
Funds from the incentive portion of the Newton Housing Initiative bond will be used to refund the costs.