What has been publicly announced is that the existing tenants will remain in the building. They have rolled with the punches over the last few years (and last two winters) and it’s important that they are able to stay.

Springfield Hospital’s role as a major tenant is also public. They will be creating the Springfield Medical Group in the front brick buildings. They can better comment on the specifics of what that will look like as we move forward.

The intent is that this is a mixed-use development. There will continue to be light industry and manufacturing. There will be top-notch office space. There will be a major medical and public usage of the property. The developers hope to add a restaurant and other related amenities to what will be a high traffic site.

There also have been negotiations with a variety of prospective tenants, some local, some from out of the area. One Hundred River Street, LLC is well aware of the need for additional jobs in this community and that is a major priority of this effort. They have retained a listing agent and are preparing marketing materials for this property.

Wrapping it up.

Hopefully, this was helpful in getting folks up to speed on what’s happening with this important project. We have been very active with the amount of business activity in Springfield, with the redevelopment of the former North Springfield Fellows property (which now has over 400 people working in the once vacant facility) and many other strong companies in our community.

But, I certainly understand that this is a different animal. It will be a showcase project in our downtown. It will take a building that’s near and dear to our hearts as Springfielders and have it be a centerpiece once again. It was important to me that whoever ended up doing this project would do it right. I’m confident that, just as we saw with Winstanley Enterprises, we’ve found another partner who is first class.

Yet, I know there’s anxiety and skepticism. As the weeks go along and more visible work is apparent, I hope that concern will ebb and more folks will believe and appreciate what’s going on. It’s exciting to have been in the trenches and it will be a major moment for Springfield as we continue to move forward. And, this serves as a wonderful dress rehearsal, in a number of ways, for what’s to come with J & L Plant 1. That’ next.

In the meantime, we’ll try to provide periodic updates and I’m always happy to share what I can. Feel free to email bobf@springfielddevelopment.org or call me at 885-3061.

Springfield Regional Development Corporation appreciates the opportunity to be of service and we look forward to continuing to make Great Things Happen Here in our community.

This entry was posted in . Bookmark the permalink.