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EDC studies leasing of 213 Prairie to temporarily house displaced small businesses
Summary
Staff presented a proposal to retain and rehabilitate city-owned 213 Prairie as short-term leased space for displaced small businesses; preliminary site-prep estimates include about $18,000 for exterior cleanup and about $35,000 to build a parking lot. Board asked staff to prepare a project packet and cost estimates.
Board members discussed retaining 213 Prairie under MEDC ownership to lease space to displaced small businesses. Staff said the building remains on the market and two buyers had shown interest, but the EDC could elect to keep and lease the property to provide transitory commercial space.
Staff provided preliminary cost estimates: approximately $18,000 to clean up the building exterior and about…
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