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Developers present Southland Station proposal; board discusses financing and PACE program
Summary
Developers outlined an adaptive reuse vision for the Southland Building at 504 East Moore, describing mixed-use vendor/incubator space, mezzanine and basement uses and plans to pursue PACE financing; the board discussed executive-session options and did not take an immediate vote.
Taylor and Chris, developers behind the Southland Station proposal, returned to the Terrell Downtown Revitalization Board to present updated renderings, a pitch deck and financial projections for renovation of the Southland Building at 504 East Moore.
Taylor described a mixed-use incubator concept that would include vendor booths, flexible mezzanine space, office and event uses and a basement-level area. “This is like an incubator for all of the local vendors that are producing everything from goods to foods,” Taylor said, and the team’s materials included mood boards, floor plans and a projected profit-and-loss to show the building’s commercial potential.
The team said they were…
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