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Wallace Bajjali project delayed because of funding - KOAM TV 7

Wallace Bajjali project delayed because of funding

Updated:
Joplin's master redeveloper tonight will present a progress report to the City Council.  The redevelopment firm says most of their projects are moving forward as planned, but one project is being delayed.

The project is a new senior transitional housing facility, slated to be built at the corner of 26th and Mcclelland.  Wallace Bajjali, Joplin's master redeveloper, owns about 23 acres of land in this area.  David Wallace says his firm is ready to move forward with this project, but one thing holding progress back is funding from HUD.  HUD needs to do another land assessment study at the property.  Wallace expects to receive $4.5 million from HUD to help cover the total $35 million cost of this project.

"Really, nothing can be done with the dirt until such time as that has been completed," says Wallace.  "So we're hopeful that over the next three or four months, that will be done.  But quite honestly, we're chomping at the bit, ready, willing and able to move forward on that particular project."

Wallace expects no issue with receiving the HUD funding.  He says several other environmental studies have been in the past at this property and have shown the area to be safe.

"There's a check the box procedure that HUD requires.  But the same people that would be conducting the studies are the same type of people that have already conducted the studies," says Wallace.

Wallace says construction on this project should start by the end of this year.
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