A developer is looking to build apartments in Middletown in a lot near the intersection of Broad and College streets with the hope of bringing more business to town.
Developers from Hajjar Properties met at Middletown City Hall Wednesday afternoon with Mayor Daniel Drew and business boosters.
The developers want to build 89 apartments next door to the Middle Oak office tower. They hope people able to pay market rents of eleven and twelve hundred dollars a month will generate new business nearby.
"This is a paradigm shift for our downtown because it takes us to another level and it's gonna be bringing in a number of people with disposable income," Drew said.
City government officials still need to approve the plans and the city council will take a look at property tax abatement for seven years.
But if all goes as expected the developer told us the apartments could be ready in a year and a half.
