Tuesday, January 22, 2013

American Tap Property Available

Looks as if the city is getting serious about putting a business on the old American Tap property at 518 S. University, at least based on this email sent out today:

The City of Carbondale is offering an exciting new incentive for real estate developers. As a result of the newly adopted Illinois-University Corridor TIF-#2 interest in downtown property is increasing. In an effort to promote and revitalize downtown Carbondale, the City is encouraging development of its property at 518 South Illinois Avenue to a local investor that is willing to present their development idea.

The City of Carbondale will review proposals and make the award selection based on the guidelines outlined on its website http://ci.carbondale.il.us/node/81 . Questions pertaining to the new economic development incentive should be directed to Gary Williams, Economic Development Coordinator at 457-3286.

I am not sure if this means they are willing to give it to the developer.  I know the owners of El Greco have approached the city in the past about acquiring the property for use as an outdoor patio for the restaurant. The city has turned them down, from what I understand, because it hopes to infil the space with a building. There have been several inquiries but nothing has moved beyond the inquiring stage.

No comments:

Post a Comment