An update involving the proposed project at the former Northside school. The first attempt for tax credits to spur the Northside Lofts development was turned down by the Illinois Housing Development Authority last spring. But Economic Growth Corporation, the developer for the project, is resubmitting it to the agency. Aledo Mayor Chris Hagloch provided an update to the city council earlier this month.
Economic Growth Corp. is renovating the property into 30 workforce housing units. The project is estimated at $11.7 million.