No final plan leaves WL building empty

WEST LAFAYETTE, Ind. (WLFI) – Discussions about a State Street master plan continue in West Lafayette. Development Director Chandler Poole said he would like drawings of the corridor running from Tapawingo Drive to U.S. 231 done next year and construction to start in 2016.

One of the main components of State Street remains in question.

“To have that building in that condition, we’re not really happy about,” Poole said.

Poole is talking about the building at State Street and Northwestern Avenue. It’s a building some consider part of the gateway to Purdue University.

It’s been empty since 2012.

Partial plans recorded in 2013 say at least two stories of the development will be for commercial space including a CVS.

Lafayette’s Trinitas Ventures is part owner of the building along with Chauncey Hill Mall and the annex on the 100 block of State Street.

The company’s CEO Loren King said when development starts on the corner building the same will most likely happen to the annex and Chauncey Hill Mall.

King said the building will be sitting as is for a while longer.

“I think there is probably going to be some frustration from the community standpoint because I think people have already been patient and hopeful to see something happen there,” King said. “That was probably happening before we bought into the partnership.”

Trinitas Ventures bought into 50 percent of the ownership of the buildings after one of the original partners went bankrupt. Trinitas bought into the partnership with Kevina Schumaker last year.

King said the first step in development of the building is strengthening the partnership and talking to State Street stakeholders.

“I personally have a vision for a very robust development,” King said. “I think there could be a student housing component, obviously Trinitas does student housing. I think there could be a variety of other uses like retail, offices, maybe even classroom space.”

King said his company’s nationwide developments are 95 percent student housing. He said the company has been trying to get its presence in the State Street area for more than a decade.

News 18 requested an interview with Kevina Schumaker. She said she has no comment about the development.

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