Avalon Development Takes Another Building
Work started on returning two-way traffic to Main Street's 700 block on Monday. Yesterday, Avalon Development made a strategic purchase on the same block where it has been working since 2001. The development company headed by Chris Jacobs acquired 715 Main Street at the northeast corner of Tupper. The highly-visible building contains 6,110 sq.ft. of space with coveted rear parking along Washington Street. Plans for the building are not known.
Avalon now owns five contiguous buildings on the east side of the block. Prior puchases have seen substantial renovations.
*715 Main- Purchased yesterday from Zenger Development Corp. for $450,000.
*723 Main- Purchased in 2005. Renovation work on the 5,500 sq.ft. one-story building is almost complete (rendering above). Avalon Copy Center has agreed to lease the majority of the space.
*731 Main- purchased in 2001 and re-christened the Swan Building (photo above). The one-story, 9,000 sq.ft. building features new terra-cotta cladding and dark bronze aluminum windows and doors.
739 (L) and 737 Main Street.
*737 Main- purchased in 2001. The three-story circa-1911 Stokes Seeds Building was Avalon’s first redevelopment project on the block. Featuring 18,000 sq.ft. of commercial space, the building has been a big hit with technology and other firms that can be creative with the loft-like space.
*739 Main- purchased October 2007 and anchored by Full Circle Studios.
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Comment Options
gaustad
Good purchase, good location, Chris J has vision and is doing an bang up job with this block.
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urbansoul
Yay - I've been waiting for this one.
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wizardofza
Now all we need is a deep-pocketed developer to fill in that giant gaping hole across the street that eats up more than half the block.
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sbrof
Maybe now that the entire east side of Main street had been bought and renovated in recent years the Vernor will be next... ohh wait we still feel that old buildings are not cost effective to renovate and building new is cheaper... That mud lot all these newly renovated buildings is just such so progressive and great glad we did that.
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sonyactivision
That old 1940's building is so cool and it's great to see it fall into the right hands. Go Avalon!
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urbansoul
Any word on this building?
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