‘Helping bring my city back to life’: Gary businessman is renovating homes and creating a small business district

CHICAGO (CBS) — An Indiana man has made his desire of revitalizing his hometown into a fact.

He’s not only renovating households, but commercial authentic estate, much too. 1 of his buildings will shortly be the initial of its type in Gary. CBS 2’s Asal Rezaei tells us a lot more about how his really hard do the job will rework the community. 

With his roots in Gary, Indiana, Cory Armand would like very little additional than to make his neighborhood better.

“When I see the attributes, most men and women see an obstacle for the reason that of its becoming still left vacant and torn apart,” Armand said. “But I see very little but option and a blank canvas.”

Armand has been earning real estate investments in his hometown for about 10 years now, buying and renovating houses with the main aim of introducing far more very affordable housing to the neighborhood.

“I try out to hold my development prices reduced as I can, labor prices small as I can,” Armand reported. “So that after it really is preset up, it can be reasonably priced for an individual to be able to hire it out.”

Now also having on business real estate, Armand programs for the constructing to be the initial of its form in Gary: A little business district. It will remodel into shared business office spaces, with podcast studios and even a small cafe up front.

With ongoing residential and professional assignments, Armand is now executing this complete-time, recently quitting his company position, and dedicating all his vitality to what conjures up him most.

“Me having a assets, a single by a single, and serving to convey my metropolis back to lifestyle to in which it applied to be,” Armand claimed.

It is a passion he is ready to give his all to, recognizing it is really some thing that will make his city prosper. His hottest building project, the business district, will be completed in about five months.