The first phase of the redevelopment, known as 445 Park Commons (Block C), is currently under construction. This six-story building will feature 335 mixed-income residential units, 11,000 square feet of commercial space, a small business incubator, and an adjacent parking garage. Designed to promote connectivity, walkability, and community investment, the project represents a major step toward revitalizing the Fairgrounds as a destination that balances neighborhood needs with citywide momentum.