COLDWATER, MI (WTVB) – The Coldwater City Council approved a city staff request on Monday night to enter into a purchase agreement for the first phase of the Western Meadows Subdivision project in the area of Western Avenue and State Street.
They approved a request to award five lots to Allen Edwin Homes of Portage and five lots to Alliance Home Builders of Coldwater in the amount of $20,000 per lot.
The ten vacant lots are being developed as part of the first of three phases. The development will eventually have 30 to 35 condo units.
City Manager Keith Baker says the proposals from Allen Edwin Homes and Alliance Homes Builders met the minimum requirements in the Request for Proposals.
The property is being made available for single family residential development.
A bid of just over $492,000 from Parrish Excavating of Quincy was approved last May for the construction of the first phase of the development.
The City bought about 14 1/2 acres on Western Avenue in October 2016 from Robert Rumsey for $95,819 with plans to use the land for future housing development.
Coldwater is now becoming the Field Of Dreams and Money.