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Click here. AUDIO Spicer Village Moving Forward 6/3/2008 3:54:12 PM | Larry States The transformation of an old Akron neighborhood is making progress. advertisement Phil Maynard, CEO of ASW Properties Limited the company building the project, says the first of the four buildings is complete with two fully furnished models now open at the corner of Brown and Power Streets. Maynard says the construction features environmentally friendly materials and is virtually maintenance free with a lot of green space. The University of Akron is offering an incentive for full-time university employees to purchase the town houses. The University is offering a $10,000 loan to help with the downpayment. The loan would be forgiven would be forgiven over a five year period.
Maynard says all four buildings should be complete by September with a starting purchase price of 170-thousand dollars for some of the town houses . The City of Akron, University Park Alliance, The University of Akron and Summa Health System have partnered to build the town houses for area residents who want to be part of the new very upscale and unique neighborhood. Phil Maynard says he's optomistic that the Spicer Village project will serve as a catalyst for additional private investment in the area. Content © AkronNewsNow.com. All rights reserved. Comments AkronNewsNow.com reserves the right to delete posts, and we encourage readers to report potential inappropriate posts. We believe in vigorous and open discussion of public issues, but we do not permit spam, commercial sales, personal insults, personal attacks or extensive postings which are off-topic or inappropriate for reasons such as profanity, libelous content or simple respect for the opinions of others. Content is important, but so is behavior. Decisions by the editor are the sole discretion of AkronNewsNow.com. There are currently no comments on this story. If you wish to leave a comment, please log in or register.
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