Archive for Thursday, May 10, 2007

Accord reached with property owner

May 10, 2007, 12:02 a.m.

Updated: May 10, 2007, 10:59 a.m.

Developers of the Towne Center project in Lansing have reached an agreement to purchase the final tract of property needed for the retail center.

Jess Davis, a partner in the venture, said developers and the property owner, Aaron Bailiff, reached the accord earlier this week.

"We've sent a contract in the mail," Davis said Wednesday afternoon. "Hopefully it will get to the attorney tomorrow, and hopefully we'll come upon a mutual agreement."

Davis did not reveal details of the offer, and neither Bailiff nor his brother Ray could not be reached for comment.

The developers' first offer to Bailiff was $134,000, Ray Bailiff said, which the family rejected. The offer had since been upped, but not to the Bailiff's satisfaction. Last week, that led the city to file a condemnation action against Bailiff in Leavenworth County District Court.

It now appears the condemnation won't be necessary.

"We're going forward with the project," Davis declared Wednesday.

Developers envision Towne Center stretching from 4-H Road north beyond Kay Street along the west side of Main Street. A Lowe's home improvement store is under contract and developers continue to work to get a Hy-Vee grocery to commit.

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