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Archive for Wednesday, April 2, 2014

Warehouse Arts developer buys Baldwin City school buildings

April 2, 2014

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A Kansas City, Mo., developer has agreed to purchase the South Gym, old middle school and surrounding property from the Baldwin City school district.

A Kansas City, Mo., developer has agreed to purchase the South Gym, old middle school and surrounding property from the Baldwin City school district.

A Kansas City, Mo., developer who helped create the Warehouse Arts District in East Lawrence has purchased a pair of buildings from the Baldwin City school district.

At a special meeting Tuesday, the Baldwin City school board approved selling two Chapel Street buildings to Tony Krsnich for $90,000.

The action made formal the board’s decision in September to negotiate the sale of the old middle school, South Gym and surrounding property to Krsnich. The deal will close Wednesday.

Krsnich and the Baldwin City technology company Free State Broadband LLC responded in September to the district’s request for proposals to purchase and redevelop the properties. The board voted to negotiate with Krsnich because his offer of $90,000 was $20,000 more than that of the local company.

Krsnich has been involved in several historic renovation projects in the state, including two warehouses in East Lawrence, which helped rejuvenate the surrounding neighborhood as an arts district.

At the September meeting, Krsnich made available to the board signed commitments from investors to purchase $614,000 in federal historic preservation tax credits and $763,000 in state historic preservation tax credits. Those would be part of an estimated $5 million package it would take to renovate the two buildings, he said.

In a proposal submitted to the district before the September decision, Krsnich wrote that much of the old middle school would be converted into apartments while part of the third floor would be reserved for a entrepreneur incubator, which would make small offices available to small and start-up businesses, while providing as part of their rent a common conference room and basic business necessities such as Internet, copier, printer and scanner.

Krsnich's proposal suggested converting the South Gym into a recreation center and art studios and that both uses would involve Baker University.

The surrounding property was an ideal site for an organic garden, such as those on his East Lawrence development, Krsnich wrote. The renovations would include solar panels and electric car recharge stations, he wrote.

In September and January, Krsnich told the Journal-World he would involve the city, Baker, neighbors and other stakeholders in planning for the buildings’ reuse.

Comments

Chris Ogle 8 months, 3 weeks ago

What a deal for Tony. Wonder what the buildings cost when they were built?

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