GC housing market takes a dip

The city of Grove City is feeling the economic pinch.

At the June 16 Grove City Council meeting, developers for the Village at Gantz Meadows project asked for a one year extension on a construction deadline due to the lackluster housing market.

The Village at Gantz Meadow is located at 2066 and 2080 Home Road. The developers wanted to add on to the current condominium complex. The preliminary plan for the project was approved in July 2005. The finished development plan was given the go ahead in January 2006.

Project managers wanted to postpone construction until the housing market starts to pick up. The condominium development has already invested in architectural and engineering aspects of the project. All that needs to be done is construction.

Council agreed to extend the deadline.

Council also agreed to allow amendments to a development plan for Meadow Grove Estates North, located at the northwest corner of Mallow Lane and Buckeye Parkway.

Developers for the project want to slightly downgrade the condominiums to make them less expensive by taking out a top level. The units will still be a minimum of 1,200 square feet. The developers also want to change what was going to be a four-seasons room to an enclosed porch. The modifications would reduce the unit price from approximately $216,000 to $200,000.

In other news

•Grove City Chief Building and Zoning Officer Mike Boso reported that the Taco Bell on Stringtown Road is scheduled to reopen within the next few weeks. The food chain is located near the Stringtown and Hoover Road intersection.

•This year’s Blast at Beulah is set for July 4, with fireworks starting when it gets dark. Gates at Beulah Park open at 5:30 p.m. The event is free and open to the public, but it is $5 to park. Local music act McGuffey Lane is scheduled to perform at the event.

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