advertisement

City Council approves Short Street land sale for proposed development

Monday, March 5, 2012 | 10:18 p.m. CST

COLUMBIA — The City Council unanimously approved the $150,000 sale of land to North Light LLC for the development of a six-story building adjacent to Short Street Garage.

Assistant City Manager Tony St. Romaine said during the meeting the mixed-use building — consisting of retail, office and residential space — is expected to be completed next summer, around the same time as the $9 million parking garage and the new DoubleTree hotel.

North Light will acquire 0.68 acres of land from the city. The city will cover the cost of the foundation for the North Light building, as it will connect with the Short Street Garage foundation. It will also share a stairway, an elevator, utility lines and stormwater facilities with the garage.

St. Romaine said there are uncertainties that might delay the completion of the project. For instance, North Light can't start building until the city builds the foundation and the side of the garage that will be attached to the North Light building.

The city's agreement with North Light requires the company to "substantially complete" the project by Nov. 30, 2013.

North Light proposed the development in August after the city decided it would not fund retail spaces in the garage.

Boone County Family Resources also proposed building office space in the garage but now plans to rent offices from the North Light building when it is completed.

WHAT DO YOU THINK: What issues are important to you in the April 3 City Council elections? Tell us here, and help direct our campaign coverage.


Like what you see here? Become a member.


Show Me the Errors (What's this?)

Report corrections or additions here. Leave comments below here.

You must be logged in to participate in the Show Me the Errors contest.


Comments

Leave a comment

Speak up and join the conversation! Make sure to follow the guidelines outlined below and register with our site. You must be logged in to comment. (Our full comment policy is here.)

  • Don't use obscene, profane or vulgar language.
  • Don't use language that makes personal attacks on fellow commenters or discriminates based on race, religion, gender or ethnicity.
  • Use your real first and last name when registering on the website. It will be published with every comment. (Read why we ask for that here.)
  • Don’t solicit or promote businesses.

We are not able to monitor every comment that comes through. If you see something objectionable, please click the "Report comment" link.

You must be logged in to comment.

Forget your password?

Don't have an account? Register here.

advertisements