Monday, August 20, 2018

Is there a deal in the works to lease the Towne House?


The clouds of uncertainty over what might become of the former Towne House property could be clearing a bit.  In the last year, plans were altered from it becoming an apartment complex to considerations towards leasing what's currently on site now.

Looks like there may now be mentionable interest from a group who is considering doing just that and in the form of some kind of Irish Bar theme.  Though a lot of work would need to be done to upgrade the building; leasing it as is, would be somewhere around $25,0000 to $27,000 per month.  That's a very big commitment.

There's a lot yet to be worked out and it could always fall through, but it's the most writeable news I've heard about this property since it closed in 2015.

The initial proposal for the Town House property that's been abandoned.



3 comments:

  1. Media is going down hill. Thats what happens when you only care about one thing $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

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  2. I know..a rising real estate market is a sure sign of going downhill..

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  3. Seems to appear that way apparently most of the staff at media borough seems to feel the same way so they just stop trying to do their jobs- except of course the obvious meaning the streets dept that everyone would notice if they stopped doing their jobs
    Despite them being mistreated they still do their jobs so thank you to them

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