Tuesday, August 2, 2011

H.P. King

Today was a very good day - a significant one for the downtown.  A media briefing was held with businessman Allen Hurley to announce that the H.P. King Building on State Street was acquired from the city and that his first tenant - the Stir Fry restaurant group - would be leasing 6,000 square feet on the ground floor and opening their latest store.  Allen also announced that the 15,000 square foot second floor would be transformed into a banquet/convention space with both areas to be readied for occupancy by the end of October.  Plans are also underway to transform the top floor and fill-out the remaining space on the ground floor to complete the adaptive reuse of this former department store.

This is the second major downtown project being undertaken by Allen in a very short period of time and solidifies his position as one of the key stakeholders in creating commercial opportunities, tax base growth, and jobs in the central business district. 

Stay tuned - more good news to come soon.