Agreement will see city, school share income tax on Silo project
By Mac Cordell, Marysville J-T Reporter
The Marysville School Board has approved an agreement related to a highly anticipated proposed, multi-use project in the city’s Uptown.
At its recent meeting the school board approved the agreement with the city and Connect Real Estate for The Silos at Marysville.
The Silos project will redevelop about 16.6 acres at the city’s former water treatment plant, the Heritage silo site and several other commercial properties on North Main Street. The developer, Connect Real Estate LLC, says it will invest about $100 million into the project that is expected to include about 220 total apartments and various businesses creating about 260 permanent jobs.
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