One of South Bend's largest downtown buildings is about to get a major makeover. It's a change that city officials call a great investment, especially at a time when some businesses are choosing to leave the downtown area. These changes primarily revolve around two main companies
The South Bend law firm, Baker & Daniels, will be gutting and taking over the top four floors of this building. Meantime, KeyBank will be putting in about two million dollars worth of renovations.
At a press conference this afternoon, South Bend city officials formally unveiled the plans. For 17 years, Baker & Daniels has been at their current location at Jefferson and Main. Company officials say they've been looking to expand for years, and the KeyBank building provided the right fit. The law firm will be putting about seven million dollars into the renovations. Once complete, they'll have 32-thousand square feet of office space. They currently have 21-thousand square feet.
KeyBank will also renovate their offices and the main lobby. The Hinman Group, the buildings owners, will be putting some money into the exterior and the outdoor courtyard.
“Having this space gives us a chance to look at other professionals who might be attracted to join us,” says Rich Hill, with Baker & Daniels. “It takes an existing building, refreshes it, makes it even greater, strengthens it, example of Governor Daniels investing in downtown South Bend,” says South Bend Mayor Steve Luecke.
Some construction has already started. It’s expected to be complete by the end of 2007.