6 replies to this topic

[GRDadof3]

Rockford Development has apparently entered into a purchase of 45 Ionia, the site planned for Tall House and then for a hotel project, both of which failed to get off the ground.  Glad to see Rockford so bullish on downtown lately!  No word yet as to what is planned.

[joeDowntown]

Wow, that is fantastic news. Details of the sale? Do they have a certain amount of time to start construction before the option ends? They've had an option on this spot before, I hope they make something happen!

Joe

[tSlater]

Was Rockford involved with either of the previous plans?  Or could this perhaps just be land speculation?

[GRDadof3]

joeDowntown, on 14 September 2011 - 11:48 AM, said:

Wow, that is fantastic news. Details of the sale? Do they have a certain amount of time to start construction before the option ends? They've had an option on this spot before, I hope they make something happen!

Joe

No timeline given.  DDA will retain "possession" and use it for parking.

Rockford seems to be talking to a lot of suburban employers and making headway, so maybe they want to have "options" to offer?  In case they land a big fish that wants big square footage.

With this lot and the one across from the arena in motion, we might be seeing some rebirth in the downtown development boom again. Let's hope!

[joeDowntown]

Great news indeed. I'm moving part of our staff into an office that looks at this lot. I hope to be able to watch some construction in the future.

Joe

[GRDadof3]

joeDowntown, on 14 September 2011 - 07:42 PM, said:

Great news indeed. I'm moving part of our staff into an office that looks at this lot. I hope to be able to watch some construction in the future. Joe

Lunch on Joe at HopCat!

[joeDowntown]

No kidding. I'm afraid to be so close to crack fries and beer.