Proposed redevelopment of Springfield Court Square office building draws strong tenant interest. (Springfield Republican, 3/10/2012)
Excerpt: A key to the current project’s success will be applications for state historic preservation tax credits for the building constructed in 1892, Panteleakis said.
Under OPAL’s proposal, the first floor would be developed for retail use, and the next four floors would be for office/institutional space.
The top floor is slated for market rate housing, but that is being re-evaluated due to the strong interest for office space, Panteleakis said. The interest thus far has been mostly from tenants in professional services such as law firms, Panteleakis said. The retail interest has included conversations with representatives of a pub and restaurant, dry cleaners, a health club, flower shop and a bank, he said.
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