The City of South Bend is a motivated seller.
“Get ‘em out there, get ‘em sold, and get new development,” was the summation supplied by South Bend’s Director of Economic Development Don Inks.
Inks was talking about a new push to sell city owned properties in the downtown.
A list of 36 city owned properties has been compiled.
Some won’t be sold like the Morris Performing Arts Center and the Century Center, but others will be aggressively marketed.
At the former site of the Studebaker Museum at Main and South Streets today, crews were testing the soil for possible pollution, in the hopes that the city would soon testing the waters for potential buyers.
“To the east of the stadium (Coveleski) is the former Studebaker Museum site, almost a full block for development,” said Inks. “It’s really just taking a look at trying to be more aggressive at marketing the properties that redevelopment owns in the downtown.”
Most of the targeted parcels are near Coveleski Stadium where the city has made several purchases in recent years in the hopes that some new businesses would be anxious to ‘play ball’ there.
“With the change in ownership at the Cove we saw a significant increase in attendance this year, a lot of improvements at the stadium that should make it a much more attractive amenity for the mixed use development that we had envisioned around Coveleski stadium.”
The former Fat Daddy’s building at Michigan and Monroe has also been targeted for sale.
In some cases, appraisal and title work will have to be done before city puts the parcels up for public bid.
Other parcels have already gone through public bidding unsold—like the College Football Hall of Fame.
Efforts to sell the hall are now being overseen by a real estate agent.