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Washington Avenue project in line for $380k in funding if city agrees



Sunday, November 08, 2009

Owners of the 800 block of Washington Avenue are moving forward with a $1.9 million redevelopment after winning $380,000 in incentives this week from the downtown Tax Increment Financing Zone.

Co-owner Gordon Robinson hopes by May to renovate vacant buildings on the block, creating new office space and a fitness center, he told the TIF board Thursday.

The TIF board recommended the incentives to be used to rebuild the sidewalk on Washington Avenue, add decorative lampposts and improve an existing small plaza around the former Wells Fargo building. The proposed incentives will go to the Waco City Council for approval in coming weeks.

The TIF Zone was created to reinvest a portion of property taxes collected from downtown, the Brazos River Corridor and East Waco to spur redevelopment in those areas.

The renovation will include the long-vacant Pioneer Savings building on Ninth Street, which will be used for 19,000 square feet of Class A office space, project architect Keith Bailey said.

“The Pioneer building is phenomenal,” Bailey said, noting the granite and marble facade.

The Stribling building next door will get a new facade and will become an executive fitness center for downtown employees, primarily from Robinson-owned properties, Bailey said.

An artist's rendering of the Washington Avenue project, looking west, shows streetscape and plaza improvements that are recommended be funded by the Tax Increment Financing Zone. The zone is intended to reinvest tax dollars into public improvements and draw private investment into the central city. (RBDR Architects rendering)


Gordon Robinson and his father, Clifton, own the Tribune-Herald and several office buildings downtown. Gordon Robinson owns the Pioneer building and is part of a partnership that owns the rest of the block.

The Washington Avenue project also includes the 30,000-square-foot former Wells Fargo building, which will see minor improvements. Robinson said he is in final negotiations for a new tenant there.

Meanwhile, the office tower at Eighth Street and Washington Avenue will continue to house existing tenants, and the top two floors will be leased to Baylor University for clinical psychology offices.

jbsmith@wacotrib.com

757-5752

Comments

By ohright

Nov 9, 2009 3:54 PM | Link to this

Good Ol' Boy Network? That's funny. Listen, I know every big wig in Waco - I have for years - no one has that kind of power or money.


I can refute that in two words: Margaret Mills


By eye in the sky

Nov 9, 2009 11:40 AM | Link to this

B.T., I'd like to think that we are way past the getting info from the street corner, backyards, Wal-Mart isles, and cousins bit. I get my info from college degree possessing prpfessionals. Yes, some of these people own businesses and some have managed businesses. Actually though, some people with college degrees are some of the most idiotic people I have seen. You ever heard of an educated fool? The credentials of which you speak do not guaranteee one to be an intelligent or better person. Some of the supposed geniuses of which you speak may have just barely scored high enough to graduate college. Let me guess, You attended Baylor and consider yourself high class? Well whether or not that is true I'm proud of my little 'ol A&M education. Regardless, big wigs? I really didn't know there were any big wigs in Waco. Maybe some people whose family have been here since 1900 or so and have had things passed down to them. Don't get me wrong. If you have it like that, more power to you. But, at the same time if that's the case let's not act like we have just broke down so many doors and overcame so many obstacles if we were fortunate enough to have stuff passed down to us...It is the town that refuses to move forward. Many people like the size of this town and would like to stay here. Many people would prefer to be a big fish in a small pond rather than be a small fish in a big pond. Either way, when you have people already in their career or students who are graduating, there aren't many people who are going to choose Waco over other cities that offer them more as far as salary and opportunity goes. With the price of getting a bachelors, masters, or technical degree these days, who's gonna put those strict limits on themselves? Not very many people. Just to add, the good 'ol boy network is alive and well here. Waco High must be your old high school. I have never stepped foot in Waco High.

By B.T.

Nov 8, 2009 4:45 PM | Link to this

The money comes from different origins, morons.

If you want Waco to grow, you have to educate yourselves first and quit listening to people who are filling your heads with a bunch of poop.

These people who told you that there are "rich people trying to keep Waco down." Did any of these people happen to have college degrees? Did any of them happen to work for the city of Waco? Did any of them have good jobs, and I mean really good jobs? Had any of them ever managed a business? Were any of them a member of the chamber of commerce? Were any of them active in the community or community planning?

No? So, you're telling me that because you got this information from your toothless uncle, "D-Wayne" who was recently fired from his third job as a forklift driver, who had a high school diploma from Waco High, no college degree, has had three wives, 6 kids, hasn't paid child support in years, you're going to take it as true?

Could it be that your uncle uses that excuse in order to try to justify his own failures to himself?

Good Ol' Boy Network? That's funny. Listen, I know every big wig in Waco - I have for years - no one has that kind of power or money.

Waco's lot is no different than that of Abilene, Lubbock, Wichita Falls or Tyler. You hear the same damned excuses from the same damned losers in every single one of these towns.

Perhaps it's not the towns that refuse to grow up; it's the people.









By haroldinmexico

Nov 8, 2009 4:38 PM | Link to this

Who's dumb enough to say "no" to the owners of the Trib?

By eye in the sky

Nov 8, 2009 10:41 AM | Link to this

You got that right doesnotcompute. If they are gonna give this guy the money, Waco might as well have given the money to Freeflight. I guess all the people here who talk about old money and such are right about this area. Seems to me people here try to keep Waco as small, poor, outdated, and as backwater as possible. Oh did I mention trying to maintain the "good ol boy" ways? Ridiculous.

By doesnotcompute

Nov 8, 2009 9:35 AM | Link to this

Very interesting!
Let's look at this - hmmmm- a local high tech aviation company gets turned down on a substantial LOAN to help retain or create about 50 jobs at over $50K/year. Days later local rich boy and his dad receive $380K in "incentives" from the "Tax Increment Financing Zone" in order to install (among other things)an "executive fitness center for downtown employees, primarily from Robinson-owned properties". Perhaps the local fatcats should be required to fund their own "executive" perks and development designed to feather their nests and line their own pockets.

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