In March of this year, New York City-based Turnbridge Equities bought some property in Glenwood South, the key building being The Creamery on the 400 block. While plans haven’t been submitted, renovations to the Creamery and development of the surface parking lots nearby are planned.
This map from Google, with my edits, show the properties involved in the sale.
The Creamery building is on the National Register of Historic Places and the latest plans state that they intend to preserve it as part of the new development. The more modern addition, the apartments and retail spaces, will most likely be torn down.
There’s plenty of surface parking on this block and it is likely that the developers plan to submit a rezoning for larger buildings here.
The brick, one-story buildings on the corner of Glenwood and North Street would also likely come down.
The site is almost 2.4 acres and if the Creamery is kept, which is great, I would expect some pretty tall buildings around it. The sale of the land was for $34.7 million and it’s possible the developers will go for the highest rezoning allowed, the 40-story max height.
What is desperately missing from Glenwood South is daytime activity from office workers and this site could inject thousands of daytime workers with a few office towers.
It is also located very close to a future bus-rapid transit line so I’m hoping a mammoth parking deck can be avoided but that’s how things are these days. Parking has been a sore point for Glenwood South businesses so maybe getting a large one here for daytime office workers and night life could be beneficial for this dense business area.
No plans for a rezoning have been submitted so we’ll wait and see how that progresses with respect to the ongoing COVID-19 pandemic emergency.
- The Alexan Plans for 187 Units for Glenwood South | February 23, 2022
- Plans Submitted for Bar Renovation at 612 Glenwood | May 31, 2018
- The Madison Drops Office and Residential at 600 Glenwood | July 12, 2021