Big hole in Teele Square
Sep. 21st, 2015 01:51 pmCurious:
Any recent developments on that big hole in the ground in Teele Square? Last I heard there was residential/commercial development on the table but the property required environmental remediation.
Any recent developments on that big hole in the ground in Teele Square? Last I heard there was residential/commercial development on the table but the property required environmental remediation.
no subject
Date: 2015-09-21 07:46 pm (UTC)no subject
Date: 2015-09-21 07:46 pm (UTC)no subject
Date: 2015-09-21 10:21 pm (UTC)Time to ask the Ward 7 alderman? If you do, let us know what she says.
no subject
Date: 2015-09-25 01:08 am (UTC)no subject
Date: 2015-09-25 02:20 pm (UTC)"Thank you for your email. This site is a common question for many. Since 2014 there have been some potential buyers however the negotiations fell through. I've been in contact with property owner and at time with one of the lawyers, however nothing a materialized.
As of today there is a potential buyer who reached out to me to include me in on their hope to purchase the property. This new, and I will know probably beginning of November if the sale goes through. The project would be similar to the one from 2014, commercial on the first floor and residential on the tops floors."