News - Post-Tribune (Northwest Indiana) -
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Published on: 6/29/2005
Last Visited: 6/30/2005
Greg Engstrom and John Tillema, east-end businessmen who are working on an overlay zone committee with the city's consultants, both said they knew of no one with immediate plans to build there anyway.
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"There are always rumors," said Engstrom, owner of AmeriPawn.
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Engstrom credits the pro-active approach of the Eastgate Property Owners Association for some of the achievements.He said the moratorium will keep speculators from side-stepping some of the pricier requirements the new ordinances will demand.
Engstrom just hopes he gets to benefit from some of the perks the city is offering for redevelopment and redesign.
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"It's going to be important," said Engstrom of the development standards expected to written, put through the Plan Commission and City Council and be in place by Jan. 31, when the moratorium is to be lifted.