PULASKI, Va. -

A $1.5 million project is in the works for downtown Pulaski.

According to New River Valley Economic Development, the project involves renovating old buildings, and hopefully attracting businesses and residents to downtown.

West Main Development has purchased, or has under contract, four buildings in the West Main Street area. Additionally, investor Cathy Stripling bought a property at 132 St. NW (“132 Guesthouse”) as a guesthouse for tourists.

The plan is to have 10 apartments and five commercial storefronts in downtown Pulaski.

The Town of Pulaski and Pulaski County are providing loans to help West Main Development with the project.

Construction work on the former Farmer Building is expected to start soon. That project will be privately financed.

Developers hope to obtain occupancy certificates by the end of 2015.

Click here to see the official news release.