A $1.3 million remodeled warehouse on Grand
Avenue is set to be part of the Accident Fund's $182 million Ottawa Power Station redevelopment in Downtown Lansing. The warehouse is owned by former State
Representative Fred Stackable.
According to excerpts from the article:
"My
intention when I left the Legislature was I'd move in here, practice
law here and probably die here," said Stackable, 72. "I've got an
apartment upstairs, a real fireplace, garage out there where I kept my
race car, and practice law here. It was made to order."
Those
plans, however, changed last year. Stackable sold his building for $1.3
million as part of a complex deal that stands to remodel the idled
Ottawa Power Station into the headquarters of Accident Fund Insurance
Co. of America.
Stackable now is under a March 31 deadline to get out.
He's
put most of the building's contents up for sale - from some of his old
racing trophies and office furniture to the Jacuzzi tub in his
apartment bathroom.
"We have basically
salvaged the building," said Hal Redman, owner of Delta Township-based
Redman Enterprises, which is running a sale at the building through
Saturday. "There's just all kinds of things in here."
After
Stackable moves out, the building is likely to sit vacant until the
fall, when work is expected to pick up on the $182 million Accident
Fund project.
Stackable's building, a vacant
building attached to the north and part of a city-owned parking garage
over Grand Avenue all are slated to be razed eventually.
Read the entire article here.
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