At one time, Jeffersonville officials would have turned deaf ears to someone who proposed building a fast food restaurant at the northeast corner of 10th and Spring streets. Now, they just might be ready to listen.

On Wednesday, real estate broker Kevin Burns told the Jeffersonville Redevelopment Commission that several developers have expressed interest in the 1.7 acres at 10th and Spring that is being jointly marketed by the commission and businessman Glen Lewis.

Burns said developers representing firms such as Rite Aid, Starbucks, McDonald’s and Culver’s have expressed interest in the property, as have builders interested in placing a medical office on the site.

“We have purposely not targeted (marketing toward) a lot of fast food restaurants,” Burns said.

“(Fast food) would not be my first priority,” said John Perkins, a city councilman and Redevelopment Commission member. “But how long can we sit on this property without flipping it?”

“I agree with John,” Commission President Nathan Samuel said. “We can’t continue to sit on this ground. It is our gateway. It looks horrible.”

Starbucks and Culver’s, which specializes in frozen custard and butterburgers, would be new to Jeffersonville, but McDonald’s will eventually lose its location at 400 Broadway due to the Ohio River Bridges project.

Asked how serious Starbucks is about the 10th and Spring site, Burns replied, “I could probably have a contract in here tomorrow from a developer for this particular group.”

One of the main reasons Burns met with the Redevelopment Commission on Wednesday was to suggest that the panel consider dropping the asking price for the land from $1.7 million to $1.4 million, based on a survey that determined that the property was about .2 acres smaller than originally believed. The commission declined to act on Burns’ suggestion, opting instead to see what offers are made by groups already interested in the land.

“Can we get an offer from McDonald’s?” Perkins asked.

“Yes, they will make an offer,” Burns said.

Samuel questioned whether a national fast food chain would be willing to conform to the local design restrictions that would likely be imposed on the site as a condition of sale.

“There are ways to accomplish what you want,” City Attorney Les Merkley said.

Lewis sued the city after it tried to impose eminent domain on his property, but the sides eventually settled the case with Lewis keeping his land but agreeing to jointly market it with adjoining property owned by the Redevelopment Commission.



On the Web

10th and Spring site information

www.cityofjeff.net/springand10th.html

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