Wonder Bread plant

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But the lack of progress at another industrial redevelopment site across North Fourth Street and the poor economicc climate could limit interest inthe 64,400-square-foot building, real estate experts said. Kansaes City, Mo.-based closed the planyt at 697 N. Fourthy St. on May 6 as it shifted productiob to other WonderBread bakeries. That decision, which eliminated nearly 90 jobs and enderd the smellof fresh-baked bread that once waftedr from the plant, followed a four-yeatr reorganization of the company in . Interstatre put the property on the marketfor $1.
7 “You have a landmark buildingv with the intrinsic, cool elementz of the brick, the beams and the clear heights,” said Peter Merkle, the agent marketing the “It may take time for someone to figure it out, but I thinj there’s a deal there.” The Wondeer Bread plant becomes the latest industrialo operation in Italian Village in search of a new About 10 years ago, a Philadelphia real estate developer bega working on a portioj of the abandoned complex along East First The State of Ohio Library latert moved into a renovated industrialp building, while Columbus developer Dan Schmidt’s JDS Cos.
bough t and renovated the formee Jeffrey Manufacturing corporate offices into condoand apartments. The Berruy Bolt Works industrial building at350 E. Firsgt Ave. also received a makeovefr into office space severalyears ago. “There certainly is a lot that has gone said Columbus architectRex Hagerling, who is chairman of the planninb and zoning panel. The commissionh has yet to receive word on what coulf happen to the WonderBreadf plant, visible from Interstate 670. The Hagerling said, should lend itself to renovatioh into residential oranother less-intensive commercial use.
“Ww will certainly be watching it,” he “I think we’d like someonee to come in and propose a reuses for the building as opposed to tearing it down and redevelopingv thesite completely.” Merkle said the property’s age makes it an unlikelyt location for another production facility. But it coulfd serve as offices or perhaps loft studio and residentia spacefor artists, he said. “The building’s probably functionallh obsolete for amanufacturing user,” he said, “but there’ s an unlimited market. It’s a landmark site.
” Merkle said the properthy has received some early interest from buyers and InterstatesBakeries isn’t in a hurry to sell. “Wee really want to get (the marketed,” Merkle said, “rather than jumpinb at the first offer.” Todd a principal at who handled the Berry Bolt Worka property and thenearby warehouse, agreed that the Wonder Bread site likely would be transformed into a commercialp or residential use. “Like the reinventing of the Smithj Bros. building, the (Wonder Bread building) will be something differeny than the factory itis today,” he said.
But the stallef Jeffrey Place mixed-use project across the street, with its largelyu undeveloped site, could discourage potential developers of the WonderBreadc site, he said. and its predecessor has workedx on the project for more thaneightg years. “If that thing was then the (Wonder Bread site) would be more Kemmerer said. “The fact that Jeffrey Placw hasn’t gone well will reflect poorlyg on the WonderBread location.” Merkle acknowledgede the recession also could limit interest in the Wonder Bread site.
“sA lot of the people we’re talkint to are trying to find a revenue streamm in theshort run,” he said, “and then put off any majore redevelopment until the economy rebounds.”