RM 06-17-88 - Laserfiche WebLink

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South Bend Redevelopment Commission RescheduledlRegular Meeting - June 17, 1988 7. PROGRES$ REPORTS a. Combined Capital / Kirco Development PROGRESS REPORTS Mrs Kolata showed and explained the plans approved by the Design Review Co ttee on June 14 for the Combined Cap tal /Kirco Project, the office building to be constructed at St. Joseph and Washington. The visual corridor will be maintained with the construction of a thr e story promenade. The 30 foot strip without restriction will be used for the drive-through bank lanes. All of the maintenance facilities will be housed within the building. They expect to secure a restaurant tenant, retail tenant and bank tenant for the first floor. When Combined Capital originally bid on the property, they proposed a 70,000 square foot building. The building is now proposed to be 132,000 square feet on six floors. The facade will be brick on all sides, complimentary to the brick in Century Center. The circulation pattern will be one way all around. The connection to the parking garage is prorosed for the first floor. Mrs. Kolata noted that the representatives from Kirco stressed that they were sacrificing 20,000 square feet of office space per floor to honor the Co ssion's requirement of the visual cor idor and the project cost would be sigrificantly higher as a result. They hope that the Commission will be able to hol out for the visual corridor reqLirement from future developers. Mr. Hunt noted that the developer also poi ted out that the design of the building is intended to be classic rather thar trendy. He stressed the importance of that because of the prime location in the downtown. Ms. Derbeck asked if the developer had secured a bank tenant. Mrs. Kolata res nded that they had not, but were developing it speculatively.