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Redevelopment commission approves $111,860.62 demolition of Eastgate property at 2813 East Market
Summary
The Logansport Redevelopment Commission approved Resolution 2026-339 to demolish the Eastgate property at 2813 East Market for $111,860.62, to be paid from an existing Eastgate Property Fund. Commissioners said the building’s rehabilitation would be costly and that demolition opens the site for future redevelopment.
The Logansport Redevelopment Commission voted to approve a $111,860.62 demolition of the Eastgate property at 2813 East Market under Resolution 2026-339. S6 moved the resolution and a second was given; the motion passed by voice vote.
Commission members discussed the site’s prior marketing and the cost of full rehabilitation. S6 said the building’s rehabilitation was estimated at about $1.3 million and that the demolition funding will come from an internal Eastgate Property Fund (fund number recorded in the meeting as 478/4600And51). S1 noted the property had been marketed at a reduced cost with no takers.
Board members also discussed scheduling and weather-related risks for roof removal and the need for retainage in case unforeseen leaks occur after demolition. The motion passed with affirmative voice votes; the record does not show individual roll-call tallies.
