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Awesome news! 4th street is on a roll.
4th stands to be a very high-end destination for condos and apartments. I think it could also lend itself to a shopping district (as has been outlined by the current administration)
I am told that the conversion to residential has been scrapped and the building will remain office space.
Quote from: taestell on July 24, 2014, 10:45:52 AMI am told that the conversion to residential has been scrapped and the building will remain office space.I would have liked to see this go residential... would have been a good market test without dedicated parking.Plus there is no shortage of older office space in the CBD, especially with residential demand so high right now some buildings being converted would be great. Specifically Ingalls Building, 4th and Walnut Center, and Tri State Building all seem like great candidates.I would assume this is scrapped due to the inability to win state tax credits? I was kind of surprised by that as well due to the historical significance of the building.
..., the building has only one stairwell, and it dumps you into the lobby. That's a grandfathered in condition to the extreme, but maybe by keeping the building as office they can leave it alone. ..