Low-income housing developers and advocates blasted a new plan from Mayor David Briley's administration to pay a private developer $25 million to build a 100-unit apartment complex for people living on the streets.
The deal would allow Tony Giarratana, developer of the 505, Cumberland on Church and other residential towers, to build a commercial steel-and-glass high-rise on Church Street Park, a longtime refuge for homeless people.
In return, he would oversee development of an eight-story homelessness "services center" and permanent transitional-housing facility near Public Square Park, on his parking lot at 301 James Robertson Boulevard. It would be financed with general-obligation bonds allocated for affordable-housing development last year.
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