Panama City's century-old grammar school is being turned into homes

๐ŸŒ The Times of India (PA) —
Panama City's century-old grammar school is being turned into homes

AI Summary

A historic grammar school in Panama City is being redeveloped into apartments and townhomes after local officials cleared financial hurdles and provided a grant. The developer Zachary Seymour will carry out structural repairs with a mandate to preserve the building's heritage, especially following damage from Hurricane Michael.

The former Panama City Grammar School will undergo redevelopment into apartments and townhomes. City officials have cleared financial hurdles, waiving fines and providing a grant for the project. Developer Zachary Seymour will purchase the property and begin necessary structural repairs. The agreement mandates completion of critical repairs within one year to preserve the historic structure. Local leaders emphasize saving heritage, especially after Hurricane Michael's significant damage.

Markets Deals Real Estate Panama City grammar school real estate development apartments historical preservation Hurricane Michael Zachary Seymour

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