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Old Posted Feb 28, 2006, 7:12 PM
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Join Date: Jul 2005
Location: Miami/Baton Rouge
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Downtown mid-rise proposed

Property owner John O. Hearin is showing off plans to build a mid-rise office tower in downtown, adding to the growing number of developers considering new office space in the city center. Hearin could not be reached to discuss the details, but sources say his renderings show about a 10-story office building. He's looking for tenants before starting the project. Hearin wants to build on Sixth Street between Convention and Florida, a spot where he owns a parking lot.
Other office projects in the works are Commercial Properties' 19-story building on Laurel for Regions Bank. Under current plans, the first 11 stories would be a parking garage funded by federal transportation funds via the local transit authority. The building would include residences.

And Mike Wampold is asking for state bond money to help build a second tower on his City Plaza building. The tower would be 12 to 14 stories over five floors of parking, making it roughly the same scale as the former Bank One towers. It would be between 260,000 and 280,000 square feet and cost about $52 million.
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