The demolition of the former Moose building and restoration of the site is nearing completion and ready to be put up for sale Community Development Director Dan King told the City Council Monday.
King recommended the city revise the city’s original requests for proposals (RFPs) for developers who were initially interested in the Moose property at the corner of Michigan Avenue and Apple Street.
Two proposals were discussed by the council and one was approved, but ultimately both fell through. City officials determined the property would sell better without the crumbling building and had it demolished.
The council agreed to review a revised RFP at its next meeting. If approved, it would be issued immediately. The RFPs would be due back by July 20 to go to the council for consideration at its July 25 meeting. If none of the RFPs are followed up on, the city will consider the sale of the site by a real estate agent or open bidding at a public auction, Mansfield said.
However, public auctions normally result in a sale without any considerations but price, and with the apparent level of interest in the site, a real estate agent may not be necessary and would save marketing costs, he said.
King was confident a developer would be willing to pay market value for the property. The goal is to have the site sold and under development yet this year.