Business Section

Friday - July 9th, 1999

Historic Building's Future Disputed


By Richard Metcalf
Journal Staff Writer

Private vs. Public Ownership of a Historic Landmark

mercial real estate brokers at Grubb & Ellis/Lewinger Hamilton Inc.
Offers to buy the property kept coming in from the private sector, Clarke said, while the county continued to delay in making an offer.

The county also had permission to enter the building to appraise it, but never did, he said.

The only county action occurred May 20, when officials sent an "option-to-buy" agreement. Such an agreement basically takes the property off the market while the buyer researches what kind of offer to make to purchase it.
The county's option-to-buy agreement was different from what had been agreed upon earlier, Clarke said. The expiration date of the agreement was twice as long and the good-faith deposit was half as much as earlier agreed.

Kelly's Brewing opened at 3200 Central SE in January 1997 and currently occupies about 3,400 square feet. Dennis Bonfantine acknowledged the plan to turn the building into a brew pub instead of a community center may be controversial.

"I think the county's efforts were noble in saving the building, but it's much more viable as commercial," he said.