Wednesday, July 30, 2008

Leather Trades Building Update

Workers Realty Trust has taken over ownership of the Leather Trades Building from Pyramid and is now looking for a developer to renovate it. According to the Business Journal, apparently four developers, including LoftWorks’ Craig Heller, have expressed interest in the project, which bodes well for the loft district. Pyramid had originally intended to convert the building to 59 loft condos, but presumably any developer who takes over the project would either build rental apartments, office space, or some combination of both.

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