Seymour Common Council will discuss the future of the former Holiday Inn property on East Tipton Street when it meets tonight.
In 2010, the city approved a request from Skaggs Builders in Seymour to rezone the 3.3-acre property from commercial to multi-residential zoning for development.
At that time, Skaggs was in negotiations to purchase the property from Cimito Inc. of Indianapolis. Skaggs proposed a $6.5 million project to convert the building into 76 apartments to complement the existing Somerset Apartments it operates north of the property.
Under a restrictive covenant, the city agreed to the rezoning only if Skaggs purchased the property and carried out those plans.
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