Crawford Hoying Development Partners LLC has secured an agreement with Dublin that will allow it to begin construction of its massive Bridge Park project.
“It’s the last piece needed,” Principal Brent Crawford said. “… We needed that piece to close our construction loans, which will now happen in the next few weeks.”
The public financing and development agreement unanimously passed Dublin City Council Monday night. The deal calls for the city to contribute $43.1 million toward the construction of two parking garages and roadways for the project’s initial phase, with Crawford Hoying and its investors picking up the remaining $290.5 million project cost over the next several years.