COLDWATER, MI (WTVB) – Caywood Propane Gas, Incorporated was presented with a $10,000 rebate award from the Coldwater Downtown Development Authority Building Improvement Program fund on Thursday following the completion of a mixed-use development at 8 South Monroe.
The three story building now has five upper-story apartment units and a ground floor commercial space. According to a press release issued by the city, the project generated a total capital investment of over $879,000.
Coldwater DDA Main Street Program Director Audrey Tappenden says, “It has been a thrill to see this project come to life and to support its transformation with a rebate award from the DDA’s Building Improvement Programs. The program is meant to not only to help facilitate physical improvements, but to create a sense of excitement throughout the downtown. Earlier this year, the building’s color scheme was entrusted to local residents when we hosted a public vote between two options. Caywood Propane has shown themselves to be an enthusiastic partner in Coldwater’s downtown revitalization efforts.”
Caywood bought the most southerly part of the former Wilber’s Furniture building in the spring of 2021.
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