Gene Townsend is checking in with the Downtown and Genesee Neighborhoods before finalizing plans to change the retail/residential makeup of his proposed Ottawa Street project.
According to excerpts from the article:
Townsend appeared Jan. 22 at a joint meeting of the Downtown Neighborhood and the Genesee Neighborhood associations—for the third time—to explain a change to his Ottawa Block project, a mixed-use development that would occupy a block along Ottawa Street between Butler Boulevard and Sycamore Street.
Townsend wants to make sure that it’s OK with locals that one of the buildings in the project, which would sit on the corner of Sycamore and Ottawa, might change from residential space above ground floor retail space to office above retail. The development still will include 76 condominium residences
The reason for the change, Townsend said at the meeting, which included At-Large Councilman Brian Jeffries and Economic Development Corp. CEO Bob Trezise, is that over the last year the interest in new residential units has declined. However, interest in office leases have stayed flat. Another large part of the meeting was Townsend ‘s zoning contract. He’s needs to re-zone parts of the land for commercial use (that’s F-1 Commercial Zone for local zoning wonks).
Read the entire article here.
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