GREENWOOD, Ind. – Greenwood is staying in the real estate business as the city is buying dilapidated houses and buildings in the old town area. Once the structures are purchased, they are either being rehabbed or torn down and then turned into parking lots or green space.
The city will move forward with making offers to buy six properties, including houses, apartments, and commercial space along four downtown Greenwood streets, beginning at Main and Washington. City leaders want to refurbish one of the buildings and demolish the other five.