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Campustown Development Forces Businesses Out
CAMPUSTOWN--After more than four years of planning, Bankier Apartments, will soon break ground for a14-story building, at the southwest corner of 6th and Green Streets.
This new development is set to bring a nice boost to the local economy long and short term, bringing with it thousands of temporary construction jobs, and eventually more retail space.
Gameday Spirit, Hairbenders, and Beri Frozen Yogurt have until May 31st to vacate because their leases are up, and groundbreaking is scheduled for June 1st.
This new building will include retail space, four floors for parking, and the rest will be apartments.
As far as those current businesses, Gameday Spirit Manager Corey Shumard said, they're not going anywhere, just temporarily relocating, then moving in to the new building.
A manager at Hairbenders said, they'll permantly relocate somewhere else in Campustown, while the owners of Beri aren't sure what they will do yet.
The project is expected to be complete by August 2014.
Bankier Apartments' Property Manager, Margie Colter, said, they'll have to close off some sidewalks during construction, as there is limited space to work on Green Street.
Another development is also still in the works at 6th and Green Streets.
A residential, retail and hotel building will replace Parking Lot J on 6th and Green Streets.
JSM Development is expected to go before city council next week for final approval of the project.
ABC Newschannel 15's Marine Glisovic reports.