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Downtown Manchester sold
Independent land planner Bill Palmer announced last week that two of his clients have unveiled separate plans to purchase most of Manchesters commercial corridor for use as both commercial and residential space.
According to the way the Manchester Community Plan works, you can either do straight commercial or mixed-use development, said Palmer. The views out of downtown Manchester are spectacular and it appears that at this point in time there might be a market for condos where there wasnt one before.
Mixed-use development refers to the development of commercial businesses on the ground floors of a building with residential space built above it.
John Park has purchased the old gas station site at Colchester and Main along with the vacated barber shop from the previous owner, a Mr. Tran.
There are apparently a dozen condos planned there as well as a commercial retail center with underground parking.
Gig Harbor developer David Hopkins has purchased the Past and Presents building as well as the Manchester Food Center along with Mamma Java and Go Figure.
That site would also accommodate eight condo units with commercial retail space on the main level, a total of three floors.
Palmer reported it wont be long before construction begins.
(Both projects) are progressing close to the same time line, Palmer said. There are architects working on both of them.
Palmer said construction could begin as early as next spring and will likely be completed in a matter of months.
Both my clients are anxious to get the construction started, Palmer said.
Park currently operates the Chevron station and convenience store at the intersection of Sedgwick and Bethel.
Palmer will present the development plans to the Manchester Community Council on Tuesday at 6:30 pm. at the Manchester Library.