Thursday, September 21, 2000

What's the Buzz?

4th St. building readied for tenants

        The pigs have flown the coop at the old McAlpin's building on Fourth Street downtown, a sign that the site is finally preparing to go to market.

        Rob Acker, development director for the building's owner, Madison Marquette Realty, said Monday that crews are cleaning the inside of the structure so it can be looked at by possible tenants.

The McAlpin's clock and sign were Fourth Street landmarks.
        “We feel good about the project,” he said. “It seems to be moving well.”

        Cincinnati-based Madison Marquette paid $4 million for the building in February and wants to renovate it into a mixed-use property with street-level retail. The company spent months researching whether the site can be used in its entirety, and whether its historic facade can be maintained.

        Mr. Acker said Madison finished auditing the building and so far is sticking to its original plan, which includes two to three retail tenants, such as a bookstore, using the first two floors of the building facing Fourth Street.

        Mr. Acker declined to reveal a project deadline. “We set one,” he said, “but it's at various levels of confidence.”
       — Lisa Biank Fasig

        Have a tip about a Tristate company? Call 768-8147 or e-mail

       Enquirer file/GARY LANDERS The McAlpin's clock and sign were Fourth Street landmarks.


New Net firm to swap leases
New company is not without risk
Blot on sterling economy
Government told to leave energy alone
More companies join in social action
With Delta, time really does fly
Kroger employees vote to strike
Realtor retools with demand
Riverboat casinos take in $42 million
Business Digest
Industry notes: Commercial real estate
- What's the Buzz?