Vacant building to get a makeover on Charleston's West Side - WOWK 13 Charleston, Huntington WV News, Weather, Sports

Vacant building to get a makeover on Charleston's West Side

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CURA plans to buy this vacant building on the West Side of Charleston. CURA plans to buy this vacant building on the West Side of Charleston.
CHARLESTON, WV -
New businesses could be coming to the West Side and East End of Charleston.

This week, the Charleston Urban Renewal Authority made plans to buy a vacant building on the corner of Washington Street West and Stockton Street.  CURA plans to close on the property within the next 4-6 weeks, according to Executive Director James Edwards.

"It's at a critical location and once it's occupied and active again, it's going to stimulate other nearby properties to be more attractive," Edwards said.

The building has three ground-floor store fronts and a second floor on top of them.  Edwards said the building is about 8,000 sq. ft. and has been home to retail stores in the past.

Bill Pile of Pile Hardware said his store is celebrating 83 years of business in Charleston.  Located just a few stores down from this vacant eyesore, Pile said he is excited for possible new businesses to join his block.

"I think anytime we entice somebody to come on the West Side and fill an unoccupied building, it's great," he said.

CURA is also in the process of fixing up the vacant building on the corner of Washington Street East and Elizabeth Street on the East End of town.

Right now, the building is being re-roofed.  Edwards said they will clean the space out once the roof is fixed.

Both properties could be on the market by the end of this year, Edwards said.

Vacant buildings are not an easy sell to private investors.  Edwards said it's easier to entice developers if the property is in good condition.

"We take on that challenge and try to take some of the risk out of it if," he said.

CURA owns the land under the Charleston Town Center Mall and Marriott hotel.  Edwards said they are able to fund vacant building projects through the rent money CURA collects from the mall and hotel.