29 Sep Now with a fresh look, long-vacant east Wichita building aims for ‘right’ tenants
Landmark Commercial Real Estate sales associate Beau Hudson, whose C. Lynn Cos. is involved with the project, said in an email “the exterior shell is pretty much complete, other than some parking, landscaping and signage/painting work.”
Those passing by the area can see new windows and upgraded concrete and entrances, among other updates. More will come, including on the interior, as Hudson said, “Once we have an agreement with a tenant, we’ll continue improvements suited to their needs.”
Hudson and his investment group, Medredev LLC, purchased the property at 2929 E. Central in July 2020. Later that year, he shared with the WBJ plans to transform the property into a Class A medical space, while also noting a desire to be flexible with market conditions.
Two years later, those themes have held true.
Hudson said the property’s location near Wesley Medical Center and other medical offices and “getting the feel of a new building in an up and coming area” make the space a draw.
“We’d still love to have a medical tenant and think it’s perhaps the most likely use due to proximity to Wesley. But we’re flexible of course. We’ve shown it to retailers, restaurants, fitness centers, non-medical office users, etc.,” Hudson said.
A $2 million redevelopment project — more than two years in the making — near Central and Hillside is wrapping up exterior upgrades.
Now, the developer of the former Food for Thought building, which has been vacant since 2013, says it’s ready to sign new tenants.
Specific to the interest, Hudson said most prospective tenants have not wanted to take all of the building’s 15,000 square feet. That’s no issue, he said.
“A majority of the recent interest has been users between 2,500 and 7,500 square feet — maybe one 10,000 square-foot user,” Hudson said. “But, as with tenant type, we’re flexible to making whatever we can work for a fitting tenant.”
Commerce Construction has served as the general contractor on the renovation, with Hanney & Associates as the architect.
Hudson said the project experienced some delays with materials, which had an impact on the construction timeline, “but overall, when considering the times, we were happy with the speed and quality.”
“We’re just pleased with the outcome to date, excited to get the right tenant or tenants in there, and continue to see that whole general area improve,” Hudson said.
No Comments