Kokomo Tribune; Kokomo, Indiana

Local News

November 27, 2013

City inks Firestone building deal

Developer hopes to lure office and retail tenants to downtown.

The Firestone building that has stood empty at the corner of Mulberry and Union streets could soon be filled with offices and retail tenants, with renovations expected to begin in the next 30 days.

The city of Kokomo has closed a deal with KipCor that will allow the Memphis-based development group to begin renovations that could include five to six office spaces on the building’s second floor and possibly a “gourmet grocer,” a coffee shop and other retail options on its ground level, KipCor head developer Jeff Broughton said.

Broughton, who has purchased 10 residential properties in the Kokomo area in the last 90 days, said he hopes to bring life to the city’s downtown by luring in both commercial tenants and a larger retail store as the building’s main attraction. He said he has had discussions with some of the senior staff at Trader Joe’s, a privately held chain of specialty grocery stores with around 400 locations nationwide.

While Broughton admitted that Trader Joe’s might not ultimately end up in the building’s first level, he has put some of the chain’s “senior staff” in contact with Kokomo Mayor Greg Goodnight. Trader Joe’s currently is reviewing the site and typically requires at least three months to determine whether it will choose a particular location, Broughton said.

“I’m not sure Trader Joe’s is ultimately going to work,” Broughton said. “They’re doing their due diligence and I know some of the senior staff who I put in contact with mayor (Goodnight) and they’ve had a package (of information about the site) for 30-40 days. Even if they decide it’s not for them, as a developer, I think they would be a great tenant.

“Ultimately I feel like (the Firestone Building) would be a great place for a gourmet grocer,” he added. “We’re going to be careful. Our first choice would be some type of gourmet grocer similar to Trader Joe’s. We want to make sure we have the right tenant in there.”

Text Only | Photo Reprints
Local News
  • Two face attempted murder for Wednesday shooting Kokomo police arrested two men on attempted murder charges stemming from a Wednesday afternoon shooting in the area of South Union and Harrison streets. No one was injured. Officers converged on the area about 3:30 p.m. to numerous reports of shots f

    April 24, 2014

  • 2nd UPDATE: 1 found dead after apartment fire near Purdue

    Authorities say one person was found dead after a fire that badly burned an apartment building where many Purdue University students live near the campus.

    April 24, 2014

  • Art FOr the Sky Wallace School hosts Indiana’s first Art for the Sky project From the ground, the crowd gathered at Wallace School of Integrated Arts on Wednesday seemed like nothing more than people in colorful T-shirts standing in odd groups. But with "sky sight," the formation took on the large-scale image of a paint palet

    April 24, 2014 3 Photos

  • City acquires more right of way for Nickel Plate Trail extension The city of Kokomo acquired another piece of land for the construction of the Nickel Plate Trail in its quest to extend the trail from county line to county line. The city's Board of Public Works and Safety approved a recreational trail easement that

    April 24, 2014

  • County residents speak out against wind energy As debate continues over the construction of wind turbines in Howard County and its neighbors, residents are turning up the heat on officials in an effort to stop development in the southeast corner of the county. Concerned citizens spoke out during

    April 24, 2014

  • Driver in fatal hit and run on Center Road pleads guilty The driver of a truck involved in an August hit-and-run crash that killed a 13-year-old boy could get as much as seven years behind bars if a judge accepts his plea. Randall K. Rector, 58, pleaded guilty to leaving the scene of a crash resulting in d

    April 24, 2014

  • TUFF CURBS Locals upset over Markland curb plans Plans to eliminate left-hand turns along the city's busiest business corridor caused a major uproar Tuesday. Business owners, city officials and state legislators spent much of Tuesday and Wednesday on the phone protesting to Indiana Department of Tr

    April 24, 2014 1 Photo

  • Police reports Howard County Arrests Tuesday, 4:34 p.m., police arrested Alisha Whitt, 27, 500 block of South Washington Street, at that residence, on a parole violation. Tuesday, 6:21 p.m., police arrested a 15-year-old male in the 400 block of West Sycamore Stree

    April 24, 2014

  • Eastern to move forward with $2M renovation to jr./sr. high school GREENTOWN -- Renovations at Eastern Sr./Jr. High will continue this summer after the board of education on Tuesday approved spending another $2 million on the final stage of upgrades. There will be no net impact on taxes, which has been a priority fo

    April 24, 2014

  • Volunteers still helping tornado victims Back in March, volunteers set out to inform tornado-ravaged neighborhoods there is still help out there. The small group of volunteers, part of the Long Term Recovery Team, took to the streets of the worst areas hit by the Nov. 17 tornadoes, passing

    April 24, 2014

Latest news
Featured Ads
Only on our website
AP Video
US Proposes Pay-for-priority Internet Standards Wife Mourns Chicago Doctor Killed in Afghanistan FDA Proposes Regulations on E-cigarettes Kerry Warns Russia of Expensive New Sanctions Mideast Peace Talks Stall on Hamas Deal Cody Walker Remembers His Late Brother Paul Grieving South Korea Puts Up Yellow Ribbons Raw: Kerry Brings His Dog to Work Raw: Girls Survive Car Crash Into Their Bedroom Three U.S. Doctors Killed by Afghan Security Yankees' Pineda Suspended 10 Games for Pine Tar Colleagues Mourn Death of Doctors in Afghanistan Ukraine Launches Operation Against Insurgents Obama Reassures Japan on China Raw: Car Crashes Into San Antonio Pool Time Magazine Announces Top Influencers List Raw: Angry Relatives Confront SKorea Officials Bigger Riders Means Bigger Horses Out West Yankees Pineda Ejected for Pine Tar Deadly Fungus Killing Bats, Spreading in US
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.
Obituaries