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Thursday August 25, 2016
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Downtown Rebound

 

continued

A developer has plans to create Mill Creek Terrace, a mixed-use three-story downtown building with loft condos, office space, and retail overlooking Mill Creek Park. The developer is looking for tenants, and the gravel lot awaits construction. Plans to modernize old industrial buildings, including the old DAPCO factory site, are on the table as well. The DDA will own the property in 2012, and redevelopment could begin then. O'Haver says he envisions a downtown technology campus, but there are no specific plans yet.

"The belief in our community is that the entrepreneurs of tomorrow are looking for places to work where they also want to live," says Keough. "We've got kayakers and bicyclists that are making their way to our downtown."

In Chelsea, Lindauer says major projects, such as filling the Clocktower development, should be approached from a long-term perspective. One-half of the Clocktower Building offices are vacant.

The Chelsea Livery, a cinder block building from 1905 that the Chelsea DDA purchased two years ago--situated between the Clocktower and downtown storefronts--could bridge a gap in the downtown business district. The DDA is filing requests for proposals from potential tenants and has at least one interested investor.

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