Wayne Holmes, owner of a two-story building next to a former theater the city owns and wants to expand and redevelop, gave the city first rights to by the building at 257 E. Main St.. Earlier this week, the City Council voted to purchase property for its $160,000 asking price. The city bought the 800-seat theater in 1996 for $1,500, and hopes to transform it into a McMenamins-style theater and brew pub.
On the same day they voted to purchase the property from Holmes, City Council members directed officials to start condemnation proceedings for two more downtown storefronts at the southeast corner of East Main Street and South First Avenue. The Hall Law Firm and First Church of Christ, Scientist are said to be the occupants and owners of the buildings.
The city wants to use the land and adjacent properties for a mixed-use development that would include an expanded City Hall, and is already accepting proposals from developers who want to work with the city on the project. The owners of the two buildings, however, have rejected the city's request to purchase the properties.
Finally, the council also authorized the city Tuesday night to spend $720,000 to purchase 171 S.E. Second Ave., in which the city already maintains a substantial leasehold. The owner of the property is Michael Rosengarten.
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