It covers half a city block.
The property is now leased to
And Crandall said Jones will continue to lease the property for the immediate future.
“We don't have plans for the property yet,” Crandall said of himself and his family. “It's an investment. It's a great piece of property. It's the biggest piece available downtown.”
He declined to say what he paid for the property.
“We spent a lot of money, but we got a good buy,” Crandall said.
The property was assessed for tax purposes at
The asking price was
“There's a lot of potential for that site,”
“Fourth and Frederica is one of the busiest intersection in town,” he said. “There's been a lot of activity in that block in recent years — the renovation of the
Berry said, “That's a big block in the middle of downtown. Developers go where the market is, and there's a real market downtown now.”
He said he's heard talk about the possibility of building a new judicial center there if the state approves a new judicial center for
Crandall also owns the old
Both are for rent.
“We've renovated the old
The 400 block of Frederica was a busy place in the first half of the 20th century.
It burned on
Downtown dreamers are hoping for the days when more foot traffic returns to that block.
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