Wednesday, March 05, 2008

Locust Building to Receive Improvements

Apparently Sovereign Partners, the new owners of the Locust Building at 1015 Locust, have plans to make some major improvements to their new investment. The building's lobby will receive a complete renovation that will include the creation of a large corner retail space. Also planned are improvements to the building's elevators and common areas, as well as a refinishing of the exterior facade.

It will be exciting to see the owners breathe some new life into the structure and increase its occupancy rate, which currently stands at 75 percent.

2 comments:

Matt Fernandez said...

That's great news. I'm interested to find out what they are planning to do with the exterior of the building. I'm not necessarily expecting a historic renovation, but there are a lot of things that could be done to improve the appearance.

Brian said...

^
I'm curious too. The Millenium Center at 6th and Olive (the building with the Starbucks) originally had kind of a similar look before receiving a facelift in the late 90s. I think it's actually pretty attractive now, but it wasn't before. Maybe the Locust Building will get a similar sleeker, more modern look.