South Bend-based Matthews LLC is planning to invest $2.5 million in a project to build a five-story apartment complex in the city's downtown. It's expected to be complete next spring. South Bend officials say more than a dozen new urban businesses have opened during the last couple months. November 18, 2013
SOUTH BEND, Ind. – The City is pleased to announce two new downtown projects underway, continuing the momentum from the 13 new restaurants, shops, and attractions that have opened in the past two months.
Larry Katz has signed a five-year lease to open a Yummy Cupcakes store at 119 South Michigan Street. He plans to open in mid-February and hire 8 to 10 employees.
“There's so much energy downtown,” says Katz, who has served as the general manager of the former Summit Club, Ruth Chris Steak House, and Caf? Navarre. “We're excited to be part of the city and contribute to its vibrancy.”
The City of South Bend has also agreed to sell a parcel of land at 228 Sycamore Street to Matthews LLC. The local developer plans to build a five-story apartment building on the site with 12 one-, two-, and three-bedroom units plus ground-floor retail space. The units will range from 1,000 to 2,000 square feet. Matthews LLC, the developer of the River Race Townhomes and the East Bank Townhomes in downtown South Bend, expects to break ground on its latest project in December with completion scheduled for spring 2014.
Source: The City of South Bend