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Mayor Announces Four Downtown Development Opportunities Page 3 of 3 <br /> The former Osco's Drug is a one-story masonry commercial building with exterior brick and <br /> plate glass display windows, located in the center of South Bend's prime retail and restaurant <br /> block of South Michigan Street. A replacement use is sought that will similarly anchor the <br /> commercial block and complement/support the existing neighboring retail establishments. The <br /> Commission sees an extremely high potential for the building to be returned to commercial <br /> activity and invites developers to submit proposals outlining their interest, experience and <br /> capacity for undertaking its rehabilitation. Existing businesses and entertainment venues would <br /> benefit from momentum built with introducing more entertainment or destination retail uses. <br /> "Destination retail" combines shopping with the more social experience of lingering and <br /> exploring unique places. <br /> Conforming uses: Commercial retail. <br /> Size: 11,526 sq ft(Building) 11,962 sq ft(Site). <br /> Sale Price: $480,000 <br /> Rink Riverside Site <br /> An amazing vista has opened up along our rivertront with the clearance of the Rink Riverside <br /> Printing site, inspiring a lot of local interest in its potential redevelopment. The Commission <br /> would like to see proposals come forward that maximize the views and orientation of the site at <br /> the entrance to the East Bank while preserving and enhancing public access to the river. <br /> This is prime real estate and a key site for future growth in Downtown. A wide range of <br /> opportunities exist for this landmark development. <br /> Conforming uses: Mixed use, commercial office, commercial retail, multifamily residential. <br /> Size: 36,264 sq ft. <br /> Sale Price: Subject to receipt of appraisals. <br /> Contact: Jennifer Laurent, Community& Economic Development, 235-9336 <br /> Mikki Dobski, Director of Communications &Special Projects, 235-5855 or 876-1564 <br /> Back I City Home Page I City Directory I Site Map I Search IE <br /> powered by FreeFind <br /> Created by the City of South Bend Department of Information Technologies. <br /> Copyright©2005 City of South Bend.All rights reserved. <br /> http://www.ci.south-bend.in.us/Press/Releases 2005/101905 development.htm 1/13/2006 <br />