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Farmington Community and Project Overview <br />¤Redevelopment of a blighted commercial <br />building at a central corner in Downtown <br />Farmington <br />¤Small, community orientated, and walkable <br />downtown location <br />¤First new luxury market rate project in <br />Farmington in 30+ years <br />¤Partnership with the city and use of Tax <br />Increment Financing (TIF) <br />¤Supports local businesses and brings <br />residents to the heart of Downtown <br />Farmington <br />¤Attraction for new retail <br />¤New coffee shop coming to Downtown <br />Farmington in an old underutilized <br />building next to this project <br /> <br />