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South Bend Redevelopment Commission <br />VW regular Meeting - January 20, 1995 <br />6. NEW BUSEWSS (Cont.) <br />b. continued... <br />business. The offering price of $50,000 <br />is lower than the minimum offering price <br />of $40,000 per acre set by the <br />Commission in March 1993. <br />John Sullivan noted that J G. Sullivan <br />Advertising was started by his father in <br />South Bend 40 years ago. They have <br />grown and outgrown several locations <br />since that time. They now employ 14 <br />people. Blackthorn Corporate Park is an <br />excellent location for the company. <br />Most of their clients are national <br />advertisers, who are headquartered in the <br />region, not just in the South <br />Bend /Mishawaka area. Access to the <br />U.S. 31 Bypass, the Toll Road, and the <br />j Airport make the location ideal. <br />J. G. Sullivan proposes to take advantage <br />of the natural topography and view from <br />the site. They intend to construct a <br />building that is two stories from the front <br />with a walkout basement at the back. <br />The building will be masonry on the <br />front and siding on the back. Counting <br />the walkout basement, the building will <br />be approximately 8,000 square feet. The <br />expected start of construction is this <br />spring with completion scheduled for <br />October 1995. <br />Mrs. Kolata asked if she was correct that <br />J. G. Sullivan will not be asking for tax <br />abatement for this project. Mr. Sullivan <br />confirmed that they would not. <br />-8- <br />