Multi-million dollar deal clinched for Haydon Burns Library site
In what has been hailed as a “great step forward for Downtown development”, Main Branch LLC has struck a $3.25 million deal over the Haydon Burns Public Library site.
The company beat two other companies to clinch the agreement and they will set about converting the site into a mixture of residential, retail and office space. The original building would be preserved and even an extra couple of floors will be added to make more space.
Development costs are estimated to be as much as $17 million.
