YORKTOWN — Yorktown's downtown will be changing in a big way after the city struck a deal with an Indiana-based developer to build a multi-story mixed use building right along the downtown redevelopment project area.

The overall agreement between the Yorktown Town Council and Rebar Development Monday night will bring a $6 million commercial investment along the town's new civic green. The Oliver, as the project has been named, meets several of the goals outlined in Yorktown’s downtown redevelopment plan by bringing both commercial and residential space to the area.

Named after the founder of Yorktown, Oliver Hampton Smith, the project along Smith Street west of the new Yorktown Town Hall will feature modern one- and two-bedroom loft apartments with balconies overlooking Civic Green and Morrow’s Meadow.

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The project plan includes 26 loft apartments and space for a a restaurant with outdoor seating as well as retail and office studios that will share building amenities.

The apartments will feature high-quality interior finishes, full-size washer and dryer and shared building amenities, including a clubhouse room with kitchen, fitness center, pet-washing station, indoor bike maintenance and storage room and co-working space with conference room.

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