Recall that the City decided last year to proceed with building a new city hall west of downtown at a cost of $13M. A substantial portion of those funds are to come from the sale of existing downtown city owned properties. Here is the announcement for the sale of those properties.
The City of Georgetown is accepting proposals from potential buyers for three city-owned buildings. The buildings for sale are the historic post office at 113 E. Eighth St., the Municipal Court/City Council Chambers at 101 E. Seventh St., and the Visitors Center at 103 W. Seventh St. The Municipal Court and the Visitors Center buildings are located on the historic Square around the Williamson County Courthouse. The historic post office is located one block east of the Square and is currently home to City Hall.
In total, these buildings represent more than 25,000 square feet of commercial space in the nine-block core of downtown Georgetown. All three properties are zoned mixed-use downtown, which allows for a number of uses including office, retail, restaurant, hotel, or event facility.
While purchase price is one consideration, the goal of this process is to connect with buyers willing to provide the best overall proposal for of each property. Proposers must submit a business plan and timeline detailing the intended use of the site.
No comments:
Post a Comment