5B2 Budget Request (Demo and Design River Glenn) - Signed

Home Browse Search

South Bend Redevelopment Commission 215 S. Dr. Martin Luther King, Jr. Blvd., Room 301, South Bend, Indiana Redevelopment Commission Agenda Item DATE : 3/9/2026 FROM: Joseph Molnar, Assistant Director, Growth & Opportunity SUBJECT: Demolition of former River Glen Office Park and Design Funding Funding Source* (circle) River West; River East; South Side; Douglas Road; West Washington; RDC General; Riv. East Res. * Funds are subject to the City Controller's determination of availability; if funds are unavailable, as solely determined by the City Controller, then the authorization of the expenditure of such funds shall be void and of no effect. PURPOSE OF REQUEST: $1,700,000 for the demolition of three office buildings at River Glen Office Park and Design Funding for redevelopment SPECIFICS: The Redevelopment Commission acquired the former River Glen Office Park in 2024 for the purposes of redeveloping the valuable five-acre river adjacent property. The Redevelopment Commission issued a Request for Proposals for the site and RDC staff have had continued ongoing discussions with multiple different developers. Through the RFP process and discussions with developers, it became clear that the existing buildings are not suitable for redevelopment in their current layout and will need to be demolished for the site to reach its full potential. Upkeep costs and carrying costs for the three existing former office buildings are currently the responsibility of the Redevelopment Commission. Spending additional resources on the buildings with knowledge that they will not be redeveloped is counterproductive. The proposed budget request provides funding for the demolition of the buildings in 2026 and site preparation for eventual redevelopment. This will save RDC funding currently being expended on management and upkeep of the buildings. Also included in this Budget Request is funding for design costs for the redevelopment of the property. The City envisions the five plus acre site being fully redeveloped which will require considerable design of possible changes to right-of-way and utilities similar in scale to the redevelopment spearheaded by J.C. Hart to the immediate north of River Glen. Having these design funds allocated now will allow City staff to be proactive in design considerations for potential redevelopment. This will allow for more accurate total costs of redevelopment as RDC staff further negotiate with potential developers. Staff recommends approval. ______________ ___________Pres/V-Pres ATTEST: __________ ________Secretary Date: _____________ _______ APPROVED Not Approved SOUTH BEND REDEVELOPMENT COMMISSION March 12, 2026 