14.7-million-dollar additional investment in Liberty Tower shows potential for growth across downtown South Bend

NOW: 14.7-million-dollar additional investment in Liberty Tower shows potential for growth across downtown South Bend

SOUTH BEND, Ind.----

40 million dollars has already been put into the rehabilitation of Liberty Tower, and they are not stopping there.

The tallest building in South Bend could see 90 new apartments as soon as next year, with the help of the building owner who is from out of state, as well as an eight year city property tax abatement.

The abatement was moved forward by the Common Council at their last meeting and will be officially voted on, on April 10th.

The project will bring 90 new apartments to the top 9 floors of the tower with views over looking the campus of Notre Dame and The St. Joseph River.

As well as a rooftop patio that will be open to the public on the building's 7th floor.

Which has things looking bright looking forward not just for the property, but the entire downtown area and growth that could accompany an increase in housing.

South Bend's Director of Growth& Opportunity telling ABC57 about an increase in demand for available properties across downtown seen in the past 15 years,

"as the investment in liberty tower shows… there's great interest in downtown…there's several properties within the downtown area where developers have expressed interest…for example the city owns the Lafayette building across the street.. we've seen significant interest there…we know that people are looking at other areas downtown and people are understanding this is a place where they want to invest their money….." he said.

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