Evergreen Terrace in Joliet
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The city's long saga to acquire the Evergreen Terrace housing complex appears to be winding down as it transfers ownership and sets up a plan to get reimbursed for the purchase.
The city will partner with Holsten Real Estate to form a third party entity to oversee the management and eventual re-development of the housing complex.
Years of miscommunication, lack of planning and oversight have plagued the City of Joliet's efforts to purchase the Evergreen Terrace housing complex according to a report released Tuesday.