A California developer on Tuesday produced an 11th-hour bid to conserve his $16-million venture to convert a downtown high-rise into apartments that cater to MSU students.

Will Kelty went ahead of Wichita County Commissioners to inquire for tax abatements for his project at the Petroleum Creating at Eighth Street and Scott Avenue, the former home of the Holiday Inn Downtown. He faced a Wednesday deadline to obtain the abatements in purchase to get funding from a loan company. 

Efforts to convert some floors in the 10-tale building into housing for university learners and the remaining flooring into conventional apartments has been a financing nightmare for Kelty, who presently owns the Large Blue Making and has been included in restoration of other downtown structures.

He told commissioners restoration of the property would improve its tax value and deliver far more income to the county, in addition to bringing additional dwelling room to downtown. 


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