Wonder Bread plant

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But the lack of progress at another industrial redevelopment site across North Fourth Street and the poor economicf climate could limit interest inthe two-level, 64,400-square-foot building, real estate experts Kansas City, Mo.-based closed the plant at 697 N. Fourthh St. on May 6 as it shifted production to other WonderdBread bakeries. That decision, whicu eliminated nearly 90 jobs and ended the smellof fresh-baked bread that once wafted from the followed a four-year reorganization of the company in . Interstats put the property on the marketfor $1.7 million.
“You have a landmark building withthe intrinsic, cool elements of the brick, the beamx and the clear heights,” said Petefr Merkle, the agent marketing the “It may take time for someone to figure it out, but I think there’s a deal there.” The Wonded Bread plant becomes the latest industrial operation in Italianm Village in search of a new About 10 years ago, a Philadelphia real estatd developer began working on a portion of the abandoner complex along East First Avenue. The State of Ohio Libraryu later moved into a renovated industrial while Columbus developerDan Schmidt’s JDS Cos.
boughg and renovated the former Jeffret Manufacturing corporate offices into condozand apartments. The Berry Bolt Worksw industrial building at350 E. First Ave. also received a makeoved into office space severalyears ago. “There certainly is a lot that has gone said Columbus architectRex Hagerling, who is chairman of the planninfg and zoning panel. The commission has yet to receivde word on what could happen to the WondedBread plant, visible from Interstate 670. The Hagerling said, should lend itself to renovationm into residential oranother less-intensiv e commercial use.
“We will certainly be watching it,” he “I think we’d like someone to come in and propose a reuse for the building as opposesd to tearing it down and redevelopinf thesite completely.” Merkle said the property’s age makews it an unlikely location for anothet production facility. But it could serve as officees or perhaps loft studio and residential space for he said. “The building’s probably functionally obsoletd for amanufacturing user,” he said, “but there’s an unlimited It’s a landmark site.
” Merkle said the property has receivef some early interest from buyers and Interstatee Bakeries isn’t in a hurryg to sell. “We really want to get (the marketed,” Merkle said, “rather than jumping at the first Todd Kemmerer, a principak at who handled the Berry Bolt Works propert y and the nearby warehouse, agreed that the Wondeer Bread site likely would be transformed into a commerciap or residential use. “Like the reinventing of the Smithu Bros. building, the (Wonder Bread will be something different than the factoryt itis today,” he said.
But the stalledf Jeffrey Place mixed-use project across the with its largelyundeveloped site, coulsd discourage potential developers of the Wonder Bread site, he and its predecessor has worked on the projectg for more than eight years. “If that thing was hopping, then the (Wondert Bread site) would be more Kemmerer said. “The fact that Jeffrey Place hasn’tf gone well will reflect poorly on the WondeeBread location.” Merkle acknowledged the recession also could limit interest in the Wondert Bread site.
“A lot of the peoplw we’re talking to are trying to find a revenuwe stream in theshort run,” he “and then put off any major redevelopment until the economy