TOPEKA (KSNT) – Florida-based Calupi Investments purchased a vacant lot at 625 SW Polk Street for $2,000.
The company requested to rezone the lot to accommodate multi-family housing. The Historic Old Town Neighborhood Improvement Association was opposed to the rezoning because of poverty stacking, adding more housing to an already-impoverished neighborhood.
The group wanted to turn the lot into a park but were unable to come up with the money in time.
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“I gave them time to get the funds to pay for the lot. I removed it from the market, but unfortunately, they couldn’t,” Calupi Investments, Carolina Pires said. “So even though I tried to help because I understand the situation, but as a seller, I need to sell the lot.”
The Topeka City Council will have final say on what happens to the lot, now that the planning commission made its recommendation to rezone. It’ll be up to the investment company on who they sell it to, and how the future buyer develops the area.
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