In a recent meeting of the Industrial Development Agency, Mayor Sean Patterson Howard convened members to discuss a critical agenda item concerning the demolition of a structurally compromised building located at 217 South 4th Avenue. The meeting, held on August 29th, confirmed a legal quorum with three members present and one participating virtually.
The building in question has a documented history of partial collapse, prompting thorough evaluations by the city’s building and engineering departments, as well as assessments from external engineers. Following these reviews, a recommendation for demolition was put forth.
During the meeting, two quotes for the demolition were presented. Capital Industries Corp submitted a bid of $248,000, while FTL Management Corp provided a lower quote of $235,000. The agency is expected to deliberate further on these proposals before making a final decision on the demolition process.