Dec 1, 2015
Harlingen’s tallest building being restored
HARLINGEN – One of the city's landmark buildings — and, at nine stories, also its tallest — is about to be restored to its original condition.MRE Capital is spearheading plans to...
HARLINGEN – One of the city’s landmark buildings — and, at nine stories, also its tallest — is about to be restored to its original condition.
MRE Capital is spearheading plans to renovate the 88-year-old Baxter Building at 106 South A St.
City commissioners and members of the Harlingen Community Improvement Board (HCIB) have unanimously voted to sell the building to the Kansas City, Mo., company, on the condition it qualifies for state and federal tax credits.
As part of the agreement, MRE will pay the HCIB $250,000 for the building while investing $4.5 million to renovate it into apartments that would offer affordable housing.
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